ASAHI SONGWON COLORS
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The Current P/E Ratio of ASAHI SONGWON COLORS is 76.30.
Share Price | ₹417.7 | Dec 03,2024 |
Market Cap | ₹492.8 Cr | |
Earnings-TTM | ₹6.5 Cr | TTM-Consolidated Results |
Price/Earnings | 76.30x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASAHI SONGWON COLORS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ASAHI SONGWON COLORS | 6.46 | 76.30 | 492.8 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 131.96 | 58.55 | 7,726.5 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 37.84 | 62.65 | 2,370.6 |
KIRI INDUSTRIES LTD | -60.88 | -56.52 | 3,440.4 |
BODAL CHEMICALS LTD | 1.60 | 592.62 | 947.6 |
BHAGERIA INDUSTRIES LTD | 26.79 | 33.69 | 902.8 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 46.88 | 23.69 | 1,110.6 |
PODDAR PIGMENTS LTD | 28.61 | 14.64 | 418.9 |
DYNEMIC PRODUCTS LTD | 11.96 | 45.34 | 542.2 |
VIPUL ORGANICS LTD | 4.06 | 81.97 | 332.8 |
AKSHARCHEM (INDIA) LTD | -3.50 | -71.27 | 249.6 |
Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs ASAHI SONGWON COLORS 's P/E Ratio
Top 10 Industry Peers | PE 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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