NIDHGRNOther Construction Materials
Nidhi Granites Ltd — PE Ratio & Valuation Analysis
₹222.35
-2.26%
Current P/E92.01xPrice to earnings
Industry P/E37.66xSector average
4Y Avg P/E87.0x5.8% above avg
⚠️
144.3% Premium to Industry
NIDHGRN P/E 92.01x vs sector avg 37.66x
📊
Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2024 | ₹0.98 | ₹225 | 229.7x |
| 2023 | ₹2.08 | ₹63 | 30.2x |
| 2022 | ₹2.03 | ₹28 | 13.7x |
| 2021 | ₹0.47 | ₹35 | 74.4x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
💡
Understanding Nidhi Granites Ltd Valuation
Nidhi Granites Ltd (NIDHGRN) currently trades at 92.01x earnings. The Other Construction Materials sector average PE is 37.66x. NIDHGRN commands a premium, reflecting high growth expectations. Historically, NIDHGRN has traded at an average PE of 87.0x — it is currently above that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
14.01%
Dividend Yield
0.00%
More on Nidhi Granites Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.