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TAMIL NADU NEWSPRINT & PAPERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TAMIL NADU NEWSPRINT & PAPERS is 6.59.

Share Price ₹264.8Apr 23,2024
Market Cap ₹1,832.4 Cr
Earnings-TTM₹278.0 CrTTM-Standalone Results
Price/Earnings6.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TAMIL NADU NEWSPRINT & PAPERS

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 TAMIL NADU NEWSPRINT & PAPERS is calculated as :

Current Market Cap [ ₹1,832.4 Cr] as on Apr 23,2024

(/) Earnings [ ₹278.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 6.59x ]

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

Thus, for TAMIL NADU NEWSPRINT & PAPERS , the investors are currently willing to pay 6.59 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 TAMIL NADU NEWSPRINT & PAPERS !

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 TAMIL NADU NEWSPRINT & PAPERS over the last five years.

Historical PE (Price/Earnings) ratio chart of TAMIL NADU NEWSPRINT & PAPERS


PE Ratio Performance Analysis for TAMIL NADU NEWSPRINT & PAPERS

- TAMIL NADU NEWSPRINT & PAPERS 's latest p/e ratio is 6.59x.

- TAMIL NADU NEWSPRINT & PAPERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.98x.

- TAMIL NADU NEWSPRINT & PAPERS 's operated at median p/e ratio of 4.73x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAMIL NADU NEWSPRINT & PAPERS 's p/e ratio peaked in Mar2022 at 81.18x.

- TAMIL NADU NEWSPRINT & PAPERS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TAMIL NADU NEWSPRINT & PAPERS 's P/E Ratio benchmark against top 10 peers in Paper & Paper Products Industry?

Peer Comparison (Paper & Paper Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TAMIL NADU NEWSPRINT & PAPERS 277.996.591,832.4
JK PAPER LTD1,138.125.265,989.2
WEST COAST PAPER MILLS LTD976.624.174,067.6
SESHASAYEE PAPER AND BOARDS LTD320.586.342,033.0
ANDHRA PAPER LTD455.224.381,995.5
KUANTUM PAPERS LTD214.996.261,346.0
PAKKA LTD47.1522.861,078.1
SATIA INDUSTRIES LTD218.025.421,181.0
ORIENT PAPER & INDUSTRIES LTD62.6015.89994.7
NR AGARWAL INDUSTRIES LTD129.686.26812.3
EMAMI PAPER MILLS LTD45.8315.56713.3

Paper & Paper Products Industry Benchmark (Top 10) PE Analysis vs TAMIL NADU NEWSPRINT & PAPERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 4.17x
Max industry PE 22.86x
Median industry PE 6.26x
Average industry PE 9.00x



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