ARVEE LABORATORIES (INDIA)
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The Current P/E Ratio of ARVEE LABORATORIES (INDIA) is 77.87.
Share Price | ₹161.2 | Jan 17,2025 |
Market Cap | ₹177.3 Cr | |
Earnings-TTM | ₹2.3 Cr | TTM-Standalone Results |
Price/Earnings | 77.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ARVEE LABORATORIES (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹177.3 Cr] as on Jan 17,2025
(/) Earnings [ ₹2.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 77.87x ]
Thus, for ARVEE LABORATORIES (INDIA) , the investors are currently willing to pay 77.87 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 ARVEE LABORATORIES (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 ARVEE LABORATORIES (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of ARVEE LABORATORIES (INDIA)
PE Ratio Performance Analysis for ARVEE LABORATORIES (INDIA)
- ARVEE LABORATORIES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 50.18x.
- ARVEE LABORATORIES (INDIA) 's operated at median p/e ratio of 23.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ARVEE LABORATORIES (INDIA) 's p/e ratio peaked in Mar2024 at 150.24x.
- ARVEE LABORATORIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 5.63x.
How does ARVEE LABORATORIES (INDIA) 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ARVEE LABORATORIES (INDIA) | 2.28 | 77.87 | 177.3 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 74.14 | 143,128.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 82.85 | 87,869.9 |
SRF LTD | 1,129.28 | 68.37 | 77,214.2 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 101.15 | 41,476.6 |
DEEPAK NITRITE LTD | 852.61 | 37.73 | 32,171.7 |
TATA CHEMICALS LTD | -351.00 | -70.78 | 24,842.6 |
GODREJ INDUSTRIES LTD | 1,358.81 | 23.04 | 31,309.5 |
AARTI INDUSTRIES LTD | 445.00 | 36.04 | 16,037.9 |
ATUL LTD | 370.51 | 53.20 | 19,710.2 |
VINATI ORGANICS LTD | 369.60 | 48.23 | 17,825.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs ARVEE LABORATORIES (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -70.78x |
Max industry PE | 101.15x |
Median industry PE | 53.20x |
Average industry PE | 48.35x |
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