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NESTLE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NESTLE INDIA is 78.36.

Share Price ₹2,437.1Apr 19,2024
Market Cap ₹234,985.2 Cr
Earnings-TTM₹2,998.7 CrTTM-Standalone Results
Price/Earnings78.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NESTLE INDIA

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 NESTLE INDIA is calculated as :

Current Market Cap [ ₹234,985.2 Cr] as on Apr 19,2024

(/) Earnings [ ₹2,998.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 78.36x ]

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

Thus, for NESTLE INDIA , the investors are currently willing to pay 78.36 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 NESTLE INDIA !

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 NESTLE INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of NESTLE INDIA


PE Ratio Performance Analysis for NESTLE INDIA

- NESTLE INDIA 's latest p/e ratio is 78.36x.

- NESTLE INDIA 's p/e ratio for fiscal years ending Dec2022 to Dec2018 averaged 78.60x.

- NESTLE INDIA 's operated at median p/e ratio of 79.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NESTLE INDIA 's p/e ratio peaked in Dec2021 at 89.7x.

- NESTLE INDIA 's p/e ratio hit its five-year low in Dec2018 of 66.65x.


How does NESTLE INDIA 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NESTLE INDIA 2,998.6778.36234,985.2
VARUN BEVERAGES LTD2,102.2986.26181,345.0
BRITANNIA INDUSTRIES LTD2,150.5752.28112,440.0
MARICO LTD1,487.0043.9565,358.6
JUBILANT FOODWORKS LTD241.72118.9328,746.2
HATSUN AGRO PRODUCT LTD240.1292.6522,248.1
DEVYANI INTERNATIONAL LTD99.17195.1519,354.0
BIKAJI FOODS INTERNATIONAL LTD185.4770.3113,039.9
SAPPHIRE FOODS INDIA LTD185.4050.789,415.2
GODREJ AGROVET LTD265.6839.5410,505.3
ZYDUS WELLNESS LTD269.0738.6010,385.4

Consumer Food Industry Benchmark (Top 10) PE Analysis vs NESTLE INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 38.60x
Max industry PE 195.15x
Median industry PE 70.31x
Average industry PE 78.80x



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