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NATIONAL PLASTIC TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NATIONAL PLASTIC TECHNOLOGIES is 31.95.

Share Price ₹421.5May 14,2024
Market Cap ₹257.1 Cr
Earnings-TTM₹8.0 CrTTM-Standalone Results
Price/Earnings31.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NATIONAL PLASTIC TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of NATIONAL PLASTIC TECHNOLOGIES is calculated as :

Current Market Cap [ ₹257.1 Cr] as on May 14,2024

(/) Earnings [ ₹8.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 31.95x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for NATIONAL PLASTIC TECHNOLOGIES , the investors are currently willing to pay 31.95 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of NATIONAL PLASTIC TECHNOLOGIES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of NATIONAL PLASTIC TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of NATIONAL PLASTIC TECHNOLOGIES


PE Ratio Performance Analysis for NATIONAL PLASTIC TECHNOLOGIES

- NATIONAL PLASTIC TECHNOLOGIES 's latest p/e ratio is 31.95x.

- NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.25x.

- NATIONAL PLASTIC TECHNOLOGIES 's operated at median p/e ratio of 11.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 16.8x.

- NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 8.55x.


How does NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NATIONAL PLASTIC TECHNOLOGIES 8.0531.95257.1
ASTRAL LTD564.80105.1259,369.3
SUPREME INDUSTRIES LTD962.8668.4665,916.8
FINOLEX INDUSTRIES LTD435.3742.9318,691.9
RESPONSIVE INDUSTRIES LTD138.1353.877,441.0
PRINCE PIPES AND FITTINGS LTD222.0032.067,117.4
EPL LTD276.9021.826,042.8
JAI CORP LTD-9.29-569.355,289.2
TIME TECHNOPLAST LTD286.8421.826,258.7
GARWARE HITECH FILMS LTD188.5520.503,865.6
JAIN IRRIGATION SYSTEMS LTD-43.94-103.584,551.5

Plastic Products Industry Benchmark (Top 10) PE Analysis vs NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -569.35x
Max industry PE 105.12x
Median industry PE 31.95x
Average industry PE -24.95x



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