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NIDHI GRANITES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NIDHI GRANITES is 38.06.

Share Price ₹365.4Jul 10,2026
Market Cap ₹292.3 Cr
Earnings-TTM₹7.7 CrTTM-Consolidated Results
Price/Earnings38.06xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NIDHI GRANITES

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 NIDHI GRANITES is calculated as :

Current Market Cap [ ₹292.3 Cr] as on Jul 10,2026

(/) Earnings [ ₹7.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.06x ]

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

Thus, for NIDHI GRANITES , the investors are currently willing to pay 38.06 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 NIDHI GRANITES !

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 NIDHI GRANITES over the last five years.

Historical PE (Price/Earnings) ratio chart of NIDHI GRANITES


PE Ratio Performance Analysis for NIDHI GRANITES

- NIDHI GRANITES 's latest p/e ratio is 38.06x.

- NIDHI GRANITES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 38.21x.

- NIDHI GRANITES 's operated at median p/e ratio of 25.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NIDHI GRANITES 's p/e ratio peaked in Mar2024 at 63.85x.

- NIDHI GRANITES 's p/e ratio hit its five-year low in Mar2023 of 20.34x.


How does NIDHI GRANITES 's P/E Ratio benchmark against top 10 peers in Finance - Others Industry?

Peer Comparison (Finance - Others Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NIDHI GRANITES 7.6838.06292.3
BSE LTD2,409.8864.51155,469.0
MAX FINANCIAL SERVICES LTD104.44539.3556,329.6
ANAND RATHI WEALTH LTD466.4576.5535,704.7
PRUDENT CORPORATE ADVISORY SERVICES LTD222.0655.5212,329.5
CENTRUM CAPITAL LTD-281.35-4.241,193.7
DELPHI WORLD MONEY LTD5.6239.24220.5

Finance - Others Industry Benchmark (Top 10) PE Analysis vs NIDHI GRANITES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -4.24x
Max industry PE 539.35x
Median industry PE 55.52x
Average industry PE 115.57x



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