NITIRAJConsumer Electronics

Nitiraj Engineers Ltd โ€” PE Ratio & Valuation Analysis

โ‚น200.92
+1.26%
Current P/E25.05xPrice to earnings
Industry P/E26.52xSector average
4Y Avg P/E21.0x19.6% above avg
โœ…
5.5% Discount to Industry
NITIRAJ P/E 25.05x vs sector avg 26.52x
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Historical PE Ratio

202419.3x202122.6x
YearEPS (โ‚น)Year-end PricePE Ratio
2024โ‚น11.74โ‚น22719.3x
2021โ‚น3.45โ‚น7822.6x

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%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.