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Nitiraj Engineers (NSE:NITIRAJ) Price-to-Owner-Earnings : 22.09 (As of May. 19, 2025)


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What is Nitiraj Engineers Price-to-Owner-Earnings?

As of today (2025-05-19), Nitiraj Engineers's share price is ₹256.95. Nitiraj Engineers's Owner Earnings per Share (TTM) ended in Mar. 2024 was ₹11.63. It's Price-to-Owner-Earnings for today is 22.09.


The historical rank and industry rank for Nitiraj Engineers's Price-to-Owner-Earnings or its related term are showing as below:

NSE:NITIRAJ' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 15.05   Med: 17.77   Max: 22.04
Current: 22.04

During the past 13 years, the highest Price-to-Owner-Earnings of Nitiraj Engineers was 22.04. The lowest was 15.05. And the median was 17.77.


NSE:NITIRAJ's Price-to-Owner-Earnings is ranked worse than
55.39% of 1085 companies
in the Hardware industry
Industry Median: 18.52 vs NSE:NITIRAJ: 22.04

As of today (2025-05-19), Nitiraj Engineers's share price is ₹256.95. Nitiraj Engineers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹11.99. Therefore, Nitiraj Engineers's PE Ratio (TTM) for today is 21.43.

As of today (2025-05-19), Nitiraj Engineers's share price is ₹256.95. Nitiraj Engineers's EPS without NRI for the trailing twelve months (TTM) ended in was ₹11.99. Therefore, Nitiraj Engineers's PE Ratio without NRI for today is 21.43.

During the past 13 years, Nitiraj Engineers's highest PE Ratio without NRI was 360.00. The lowest was 9.24. And the median was 27.27.


Nitiraj Engineers Price-to-Owner-Earnings Historical Data

The historical data trend for Nitiraj Engineers's Price-to-Owner-Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nitiraj Engineers Price-to-Owner-Earnings Chart

Nitiraj Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.96 - - - 14.92

Nitiraj Engineers Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 14.92 - - -

Competitive Comparison of Nitiraj Engineers's Price-to-Owner-Earnings

For the Scientific & Technical Instruments subindustry, Nitiraj Engineers's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nitiraj Engineers's Price-to-Owner-Earnings Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nitiraj Engineers's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Nitiraj Engineers's Price-to-Owner-Earnings falls into.


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Nitiraj Engineers Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Nitiraj Engineers's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=256.95/11.63
=22.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nitiraj Engineers  (NSE:NITIRAJ) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Nitiraj Engineers Price-to-Owner-Earnings Related Terms

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Nitiraj Engineers Business Description

Traded in Other Exchanges
N/A
Address
Plot NO J25, J26,MIDC Awadhan, Dhule, MH, IND, 424006
Nitiraj Engineers Ltd offers measure and counting devices in India. It operates in five broad segments i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically it derives a majority of its revenue from India.

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