PARINFurniture, Home Furnishing

Parin Enterprises Ltd โ€” PE Ratio & Valuation Analysis

โ‚น586.00
-2.34%
Current P/E78.06xPrice to earnings
Industry P/E39.98xSector average
4Y Avg P/E70.1x11.4% above avg
โš ๏ธ
95.2% Premium to Industry
PARIN P/E 78.06x vs sector avg 39.98x
๐Ÿ“Š

Historical PE Ratio

2024189.7x202340.4x202231.3x202119.0x
YearEPS (โ‚น)Year-end PricePE Ratio
2024โ‚น2.04โ‚น387189.7x
2023โ‚น2.77โ‚น11240.4x
2022โ‚น3.71โ‚น11631.3x
2021โ‚น4.16โ‚น7919x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

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Understanding Parin Enterprises Ltd Valuation

Parin Enterprises Ltd (PARIN) currently trades at 78.06x earnings. The Furniture, Home Furnishing sector average PE is 39.98x. PARIN commands a premium, reflecting high growth expectations. Historically, PARIN has traded at an average PE of 70.1x 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
11.37%
Dividend Yield
0.03%

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