NTC INDUSTRIES
|
The Current P/E Ratio of NTC INDUSTRIES is 19.93.
Share Price | ₹109.4 | Apr 19,2024 |
Market Cap | ₹130.2 Cr | |
Earnings-TTM | ₹6.5 Cr | TTM-Consolidated Results |
Price/Earnings | 19.93x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NTC INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹130.2 Cr] as on Apr 19,2024
(/) Earnings [ ₹6.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.93x ]
Thus, for NTC INDUSTRIES , the investors are currently willing to pay 19.93 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 NTC INDUSTRIES !
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 NTC INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of NTC INDUSTRIES
PE Ratio Performance Analysis for NTC INDUSTRIES
- NTC INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.94x.
- NTC INDUSTRIES 's operated at median p/e ratio of 8.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NTC INDUSTRIES 's p/e ratio peaked in Mar2023 at 13.64x.
- NTC INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 5.12x.
How does NTC INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Cigarettes/Tobacco Industry?
Peer Comparison (Cigarettes/Tobacco Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NTC INDUSTRIES | 6.53 | 19.93 | 130.2 |
ITC LTD | 20,761.60 | 25.54 | 530,351.0 |
GODFREY PHILLIPS INDIA LTD | 677.32 | 23.50 | 15,914.6 |
VST INDUSTRIES LTD | 282.07 | 21.47 | 6,055.6 |
THE INDIAN WOOD PRODUCTS COMPANY LTD | 2.00 | 95.45 | 190.7 |
Cigarettes/Tobacco Industry Benchmark (Top 10) PE Analysis vs NTC INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.93x |
Max industry PE | 95.45x |
Median industry PE | 23.50x |
Average industry PE | 37.18x |
You may also like the below Video Courses