AKSHARCHEM (INDIA)
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The Current P/E Ratio of AKSHARCHEM (INDIA) is -58.84.
Share Price | ₹257.6 | Jan 29,2025 |
Market Cap | ₹206.0 Cr | |
Earnings-TTM | ₹-3.5 Cr | TTM-Standalone Results |
Price/Earnings | -58.84x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AKSHARCHEM (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AKSHARCHEM (INDIA) | -3.50 | -58.84 | 206.0 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 131.96 | 56.61 | 7,470.4 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 41.98 | 59.29 | 2,488.8 |
KIRI INDUSTRIES LTD | -60.88 | -50.25 | 3,058.8 |
BODAL CHEMICALS LTD | 1.60 | 478.10 | 764.5 |
BHAGERIA INDUSTRIES LTD | 26.79 | 26.97 | 722.8 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 46.88 | 18.60 | 872.2 |
ASAHI SONGWON COLORS LTD | 6.46 | 57.12 | 368.9 |
PODDAR PIGMENTS LTD | 28.61 | 12.41 | 355.1 |
DYNEMIC PRODUCTS LTD | 11.96 | 33.99 | 406.6 |
VIPUL ORGANICS LTD | 4.06 | 68.67 | 278.8 |
Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs AKSHARCHEM (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -58.84x |
Max industry PE | 478.10x |
Median industry PE | 33.99x |
Average industry PE | 63.88x |
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