Home > PE Ratio > AKSHARCHEM (INDIA)

AKSHARCHEM (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of AKSHARCHEM (INDIA) is -58.84.

Share Price ₹257.6Jan 29,2025
Market Cap ₹206.0 Cr
Earnings-TTM₹-3.5 CrTTM-Standalone Results
Price/Earnings-58.84xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for AKSHARCHEM (INDIA)
Please provide your vote to see the results
AKSHARCHEM (INDIA) is part of below Screeners ↓
Top Undervalued Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of AKSHARCHEM (INDIA)

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of AKSHARCHEM (INDIA) is calculated as :

Current Market Cap [ ₹206.0 Cr] as on Jan 29,2025

(/) Earnings [ ₹-3.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -58.84x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay -58.84 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of AKSHARCHEM (INDIA) !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of AKSHARCHEM (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of AKSHARCHEM (INDIA)


PE Ratio Performance Analysis for AKSHARCHEM (INDIA)

- AKSHARCHEM (INDIA) 's latest p/e ratio is -58.84x.

- AKSHARCHEM (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.17x.

- AKSHARCHEM (INDIA) 's operated at median p/e ratio of 7.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKSHARCHEM (INDIA) 's p/e ratio peaked in Mar2022 at 17.58x.

- AKSHARCHEM (INDIA) 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does AKSHARCHEM (INDIA) 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AKSHARCHEM (INDIA) -3.50-58.84206.0
SUDARSHAN CHEMICAL INDUSTRIES LTD131.9656.617,470.4
VIDHI SPECIALTY FOOD INGREDIENTS LTD41.9859.292,488.8
KIRI INDUSTRIES LTD-60.88-50.253,058.8
BODAL CHEMICALS LTD1.60478.10764.5
BHAGERIA INDUSTRIES LTD26.7926.97722.8
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD46.8818.60872.2
ASAHI SONGWON COLORS LTD6.4657.12368.9
PODDAR PIGMENTS LTD28.6112.41355.1
DYNEMIC PRODUCTS LTD11.9633.99406.6
VIPUL ORGANICS LTD4.0668.67278.8

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs AKSHARCHEM (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -58.84x
Max industry PE 478.10x
Median industry PE 33.99x
Average industry PE 63.88x



You may also like the below Video Courses