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ANDHRA PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ANDHRA PETROCHEMICALS is 9.76.

Share Price ₹75.8Jan 02,2025
Market Cap ₹644.6 Cr
Earnings-TTM₹66.0 CrTTM-Standalone Results
Price/Earnings9.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ANDHRA PETROCHEMICALS

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 ANDHRA PETROCHEMICALS is calculated as :

Current Market Cap [ ₹644.6 Cr] as on Jan 02,2025

(/) Earnings [ ₹66.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 9.76x ]

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

Thus, for ANDHRA PETROCHEMICALS , the investors are currently willing to pay 9.76 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 ANDHRA PETROCHEMICALS !

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 ANDHRA PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of ANDHRA PETROCHEMICALS


PE Ratio Performance Analysis for ANDHRA PETROCHEMICALS

- ANDHRA PETROCHEMICALS 's latest p/e ratio is 9.76x.

- ANDHRA PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.43x.

- ANDHRA PETROCHEMICALS 's operated at median p/e ratio of 10.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ANDHRA PETROCHEMICALS 's p/e ratio peaked in Mar2023 at 20.41x.

- ANDHRA PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2022 of 3.46x.


How does ANDHRA PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ANDHRA PETROCHEMICALS 66.039.76644.6
PIDILITE INDUSTRIES LTD1,930.5577.08148,799.0
SOLAR INDUSTRIES INDIA LTD1,060.5782.7987,806.1
SRF LTD1,129.2858.3565,896.7
GUJARAT FLUOROCHEMICALS LTD410.06113.4046,502.2
DEEPAK NITRITE LTD852.6140.2134,285.8
TATA CHEMICALS LTD-351.00-74.8926,287.0
GODREJ INDUSTRIES LTD1,358.8129.5340,130.8
AARTI INDUSTRIES LTD445.0033.8215,050.0
ATUL LTD370.5155.4820,554.6
VINATI ORGANICS LTD369.6051.0118,854.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs ANDHRA PETROCHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -74.89x
Max industry PE 113.40x
Median industry PE 51.01x
Average industry PE 43.32x



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