Nalwa Sons Investments P/E
What is the P/E of Nalwa Sons Investments?
The P/E of Nalwa Sons Investments Limited is 1,190.98
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on BSE compared to Nalwa Sons Investments
What does Nalwa Sons Investments do?
Nalwa Sons Investments Limited, a non-banking finance company, engages in the investment and financing activities in India. It operates through two segments, Investment & Finance, and Trading of Goods. The company primarily holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. It also invests in shares, stocks, or other securities. The company was formerly known as Jindal Strips Limited. Nalwa Sons Investments Limited was incorporated in 1970 and is based in New Delhi, India.
Companies with p/e similar to Nalwa Sons Investments
- Comba Telecom Systems has P/E of 1,137.31
- dMY Technology has P/E of 1,138.00
- Telesites SAB de CV has P/E of 1,163.37
- Fiske plc has P/E of 1,166.67
- JPMorgan Global Emerging Markets Income Trust Plc has P/E of 1,172.73
- Invesco Perpetual Select Trust plc Balanced Risk Allocation Share Portfolio has P/E of 1,187.50
- Nalwa Sons Investments has P/E of 1,190.98
- California Software has P/E of 1,193.27
- Motherson Sumi Systems has P/E of 1,201.75
- i-Control has P/E of 1,202.84
- Liminal BioSciences has P/E of 1,203.78
- Safari Industries (India) has P/E of 1,212.20
- Switchback Acquisition Corp has P/E of 1,219.00