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NITTA GELATIN INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITTA GELATIN INDIA is 10.03.

Share Price ₹927.4May 10,2024
Market Cap ₹843.9 Cr
Earnings-TTM₹84.1 CrTTM-Consolidated Results
Price/Earnings10.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NITTA GELATIN 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 NITTA GELATIN INDIA is calculated as :

Current Market Cap [ ₹843.9 Cr] as on May 10,2024

(/) Earnings [ ₹84.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.03x ]

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

Thus, for NITTA GELATIN INDIA , the investors are currently willing to pay 10.03 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 NITTA GELATIN 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 NITTA GELATIN INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of NITTA GELATIN INDIA


PE Ratio Performance Analysis for NITTA GELATIN INDIA

- NITTA GELATIN INDIA 's latest p/e ratio is 10.03x.

- NITTA GELATIN INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.63x.

- NITTA GELATIN INDIA 's operated at median p/e ratio of 8.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITTA GELATIN INDIA 's p/e ratio peaked in Mar2019 at 32.97x.

- NITTA GELATIN INDIA 's p/e ratio hit its five-year low in Mar2020 of 7.21x.


How does NITTA GELATIN INDIA 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NITTA GELATIN INDIA 84.1110.03843.9
PIDILITE INDUSTRIES LTD1,751.4784.78148,494.0
SOLAR INDUSTRIES INDIA LTD855.5493.7180,170.6
SRF LTD1,335.7150.5367,494.5
GUJARAT FLUOROCHEMICALS LTD434.9582.9136,061.6
DEEPAK NITRITE LTD790.8742.9934,002.8
TATA CHEMICALS LTD381.0070.8727,000.3
GODREJ INDUSTRIES LTD625.2044.3027,694.5
AARTI INDUSTRIES LTD417.0058.4624,378.4
ATUL LTD314.4255.9217,582.6
VINATI ORGANICS LTD359.7145.3416,310.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs NITTA GELATIN INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.03x
Max industry PE 93.71x
Median industry PE 55.92x
Average industry PE 58.17x



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