๐Financials๐PE Ratio๐ฅงShareholding๐ฐDividend๐Quarterlyโ๏ธBalance Sheet๐นP&L๐Cash Flow
NITIRAJConsumer Electronics
Nitiraj Engineers Ltd โ PE Ratio & Valuation Analysis
โน200.92
+1.26%
Current P/E25.05xPrice to earnings
Industry P/E26.52xSector average
4Y Avg P/E21.0x19.6% above avg
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5.5% Discount to Industry
NITIRAJ P/E 25.05x vs sector avg 26.52x
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Historical PE Ratio
| Year | EPS (โน) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2024 | โน11.74 | โน227 | 19.3x |
| 2021 | โน3.45 | โน78 | 22.6x |
PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.
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Understanding Nitiraj Engineers Ltd Valuation
Nitiraj Engineers Ltd (NITIRAJ) currently trades at 25.05x earnings. The Consumer Electronics sector average PE is 26.52x. NITIRAJ is trading at a discount to peers โ may indicate relative value. Historically, NITIRAJ has traded at an average PE of 21.0x โ 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 โ not investment advice.
ROE
5.63%
Dividend Yield
0.79%
More on Nitiraj Engineers Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.