NILE
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The Current P/E Ratio of NILE is 12.26.
Share Price | ₹1,374.7 | Apr 18,2024 |
Market Cap | ₹412.4 Cr | |
Earnings-TTM | ₹33.6 Cr | TTM-Consolidated Results |
Price/Earnings | 12.26x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NILE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹412.4 Cr] as on Apr 18,2024
(/) Earnings [ ₹33.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.26x ]
Thus, for NILE , the investors are currently willing to pay 12.26 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 NILE !
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 NILE over the last five years.
Historical PE (Price/Earnings) ratio chart of NILE
PE Ratio Performance Analysis for NILE
- NILE 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 6.07x.
- NILE 's operated at median p/e ratio of 6.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, NILE 's p/e ratio peaked in Mar2022 at 7.01x.
- NILE 's p/e ratio hit its five-year low in Mar2020 of 4.59x.
How does NILE 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NILE | 33.63 | 12.26 | 412.4 |
HINDUSTAN ZINC LTD | 8,304.00 | 20.59 | 171,020.0 |
HINDALCO INDUSTRIES LTD | 9,387.00 | 14.67 | 137,709.0 |
VEDANTA LTD | 8,393.00 | 17.22 | 144,562.0 |
HINDUSTAN COPPER LTD | 303.15 | 113.45 | 34,392.2 |
GRAVITA INDIA LTD | 236.85 | 28.65 | 6,786.1 |
SHIVALIK BIMETAL CONTROLS LTD | 78.13 | 41.31 | 3,227.9 |
BHARAT WIRE ROPES LTD | 90.51 | 22.25 | 2,013.4 |
RAM RATNA WIRES LTD | 50.83 | 29.43 | 1,496.0 |
RAJNANDINI METAL LTD | 18.31 | 17.21 | 315.2 |
SHERA ENERGY LTD | 12.46 | 34.96 | 435.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs NILE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.26x |
Max industry PE | 113.45x |
Median industry PE | 22.25x |
Average industry PE | 32.00x |
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