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NIDHI GRANITES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NIDHI GRANITES is 23.50.

Share Price ₹244.9Oct 01,2026
Market Cap ₹195.9 Cr
Earnings-TTM₹8.3 CrTTM-Consolidated Results
Price/Earnings23.50xCalculated 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 [ ₹195.9 Cr] as on Oct 01,2026

(/) Earnings [ ₹8.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.50x ]

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 23.50 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 23.50x.

- 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 8.3423.50195.9
BSE LTD2,753.0745.13124,241.0
MAX FINANCIAL SERVICES LTD135.75352.4647,846.7
ANAND RATHI WEALTH LTD466.4574.9334,952.5
PRUDENT CORPORATE ADVISORY SERVICES LTD245.0352.7312,920.3
CENTRUM CAPITAL LTD-323.19-3.01971.7
DELPHI WORLD MONEY LTD5.6229.77167.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -3.01x
Max industry PE 352.46x
Median industry PE 45.13x
Average industry PE 82.22x



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