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Grindwell Norton Ltd P/E Ratio

Grindwell Norton Ltd P/E Ratio

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Grindwell Norton Ltd

NSE: GRINDWELL

PE

64.9

Last updated : 18 May 15:30 pm

Key Highlights

    The P/E Ratio of Grindwell Norton Ltd is 64.9 as of 18 May 15:30 pm .a1#The P/E Ratio of Grindwell Norton Ltd changed from 39.3 on March 2019 to 57.3 on March 2023 . This represents a CAGR of 7.83% over 5 years. a1#The Latest Trading Price of Grindwell Norton Ltd is ₹ 2372 as of 18 May 15:30 .a1#The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 10.6 to 33.0 in 5 years. This represents a CAGR of 25.50%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 33.0. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Grindwell Norton Ltd changed from ₹ 6570 crore on March 2019 to ₹ 20758 crore on March 2023 . This represents a CAGR of 25.87% over 5 years. a1#The Revenue of Grindwell Norton Ltd changed from ₹ 648.88 crore to ₹ 708.37 crore over 8 quarters. This represents a CAGR of 4.48% a1#The EBITDA of Grindwell Norton Ltd changed from ₹ 139.37 crore to ₹ 141.81 crore over 8 quarters. This represents a CAGR of 0.87% a1#The Net Profit of Grindwell Norton Ltd changed from ₹ 92.74 crore to ₹ 92.68 crore over 8 quarters. This represents a CAGR of -0.03% a1#The Dividend Payout of Grindwell Norton Ltd changed from 40.55 % on March 2019 to 45.78 % on March 2023 . This represents a CAGR of 2.46% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1939.3
Mar '2027.9
Mar '2144.1
Mar '2267.4
Mar '2357.3

Fundamental Metrics

Market Cap

26,281 Cr

EPS

34.7

P/E Ratio (TTM) *

64.9

P/B Ratio (TTM) *

12.1

Day’s High

2391.0

Day’s Low

2326.45

DTE *

0.0

ROE *

18.7

52 Week High

2494.55

52 Week Low

1850.05

ROCE *

24.1

* All values are consolidated

* All values are consolidated

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Grindwell Norton Ltd

NSE: GRINDWELL

PRICE

2372.05

-1.60(-0.07%)

stock direction

Last updated : 18 May 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Grindwell Norton Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Grindwell Norton Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

24,914

Asset Value

969

24.7 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

383 Cr

64.9 X

PE Ratio

Market Cap

₹24914Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

383 Cr

64.9 X

PE Ratio

Market Cap

₹24914Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Capital Goods-Non Electrical Equipment Industry over time

PE Ratio of Top Sectors

Grindwell Norton Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Grindwell Norton Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Grindwell Norton Ltd's Share Price stands at 2372.05. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 34.67. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 2372.05/ 34.67= 64.9.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Grindwell Norton Ltd's stock is trading at approximately 64.9 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Grindwell Norton Ltd’s PE Ratio (BSE: GRINDWELL)

    The Price-to-Earnings (PE) ratio, used to assess Grindwell Norton Ltd's stock (BSE: GRINDWELL), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '196571
Mar '205086
Mar '2110545
Mar '2219923
Mar '2320759

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22649
Sep '22650
Dec '22613
Mar '22686
Jun '23683
Sep '23690
Dec '23674
Mar '23708

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22139
Sep '22137
Dec '22128
Mar '22150
Jun '23149
Sep '23154
Dec '23142
Mar '23142

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2293
Sep '2290
Dec '2280
Mar '2298
Jun '2397
Sep '23102
Dec '2392
Mar '2393

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1941
Mar '2045
Mar '2143
Mar '2245
Mar '2346

* All values are a in %

About Grindwell Norton Ltd

About Grindwell Norton Ltd

    Grindwell Norton Limited (GNL) is one of the subsidiary of Compagnie de Saint-Gobain (Saint-Gobain), a transnational group with its headquarters in Paris and with sales of Euro 51.20 billion in 2022. Within GNO, the businesses are divided into 3 major segments: Abrasives, Ceramics & Plastics and IT Services. During the year ended 31 March 2018, the company's Abrasives business unit continued to focus on new products and new markets. The Company invested Rs 11.27 crore in SG Shinagawa Refractories India Private Limited and holds 49% of the equity. The Company invested in the equity capital of Andhra Pradesh Gas Power Corporation Ltd. (APGPCL), which entitled it to receive additional electricity and increased production at the Tirupati plant. The Company invested in Cleanwin Energy Three LLP for a stake of 27.27% for purchase of wind power for its Mora unit.

Grindwell Norton Ltd News Hub

News

Board of Grindwell Norton recommends Final Dividend

Grindwell Norton announced that the Board of Directors of the Company at its meeting held ...

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06 May 2024 15:18

News

Grindwell Norton to convene AGM

Grindwell Norton announced that the 74th Annual General Meeting(AGM) of the company will b...

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06 May 2024 16:19

News

Grindwell Norton announces board meeting date

Grindwell Norton will hold a meeting of the Board of Directors of the Company on 6 May 202...

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16 Apr 2024 17:15

News

Volumes soar at Grindwell Norton Ltd counter

Laurus Labs Ltd, Kansai Nerolac Paints Ltd, Metro Brands Ltd, JK Lakshmi Cement Ltd are am...

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25 Jan 2024 14:30

News

Grindwell Norton acquires 49% stake in Advanced Synthetics Minerals

Grindwell Norton has subscribed to 49% equity share capital of Advanced Synthetic Minerals...

Read more

24 Jan 2024 19:26

News

Grindwell Norton to discuss results

Grindwell Norton will hold a meeting of the Board of Directors of the Company on 3 Februar...

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20 Jan 2024 13:47

Product Composition by Percentage (Revenue)

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Annual Reports

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FAQs for PE of Grindwell Norton Ltd

What is Grindwell Norton Ltd current share price?

The current market price of Grindwell Norton Ltd as of May 18, 2024 is ₹2372.05.

Is Grindwell Norton Ltd a good investment?

As per BlinkX Score Grindwell Norton Ltd scores 55 in Revenue, 67 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Grindwell Norton Ltd's total net assets?

According to Grindwell Norton Ltd's most recent financial filings, the company's net assets total ₹968.8 Cr.

Is Grindwell Norton Ltd making a profit or loss?

Grindwell Norton Ltd's net Profit as of May 18, 2024 is close to ₹383 Cr.
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