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ASAHI SONGWON COLORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASAHI SONGWON COLORS is 76.30.

Share Price ₹417.7Dec 03,2024
Market Cap ₹492.8 Cr
Earnings-TTM₹6.5 CrTTM-Consolidated Results
Price/Earnings76.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASAHI SONGWON COLORS

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 ASAHI SONGWON COLORS is calculated as :

Current Market Cap [ ₹492.8 Cr] as on Dec 03,2024

(/) Earnings [ ₹6.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 76.30x ]

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

Thus, for ASAHI SONGWON COLORS , the investors are currently willing to pay 76.30 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 ASAHI SONGWON COLORS !

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 ASAHI SONGWON COLORS over the last five years.

Historical PE (Price/Earnings) ratio chart of ASAHI SONGWON COLORS


PE Ratio Performance Analysis for ASAHI SONGWON COLORS

- ASAHI SONGWON COLORS 's latest p/e ratio is 76.30x.

- ASAHI SONGWON COLORS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.51x.

- ASAHI SONGWON COLORS 's operated at median p/e ratio of 11.84x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASAHI SONGWON COLORS 's p/e ratio peaked in Mar2024 at 19.03x.

- ASAHI SONGWON COLORS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ASAHI SONGWON COLORS 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASAHI SONGWON COLORS 6.4676.30492.8
SUDARSHAN CHEMICAL INDUSTRIES LTD131.9658.557,726.5
VIDHI SPECIALTY FOOD INGREDIENTS LTD37.8462.652,370.6
KIRI INDUSTRIES LTD-60.88-56.523,440.4
BODAL CHEMICALS LTD1.60592.62947.6
BHAGERIA INDUSTRIES LTD26.7933.69902.8
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD46.8823.691,110.6
PODDAR PIGMENTS LTD28.6114.64418.9
DYNEMIC PRODUCTS LTD11.9645.34542.2
VIPUL ORGANICS LTD4.0681.97332.8
AKSHARCHEM (INDIA) LTD-3.50-71.27249.6

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs ASAHI SONGWON COLORS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -71.27x
Max industry PE 592.62x
Median industry PE 45.34x
Average industry PE 78.33x



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