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BALAJI AMINES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BALAJI AMINES is 31.36.

Share Price ₹2,083.3Dec 03,2024
Market Cap ₹6,749.9 Cr
Earnings-TTM₹215.3 CrTTM-Consolidated Results
Price/Earnings31.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BALAJI AMINES

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 BALAJI AMINES is calculated as :

Current Market Cap [ ₹6,749.9 Cr] as on Dec 03,2024

(/) Earnings [ ₹215.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.36x ]

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

Thus, for BALAJI AMINES , the investors are currently willing to pay 31.36 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 BALAJI AMINES !

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 BALAJI AMINES over the last five years.

Historical PE (Price/Earnings) ratio chart of BALAJI AMINES


PE Ratio Performance Analysis for BALAJI AMINES

- BALAJI AMINES 's latest p/e ratio is 31.36x.

- BALAJI AMINES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.79x.

- BALAJI AMINES 's operated at median p/e ratio of 23.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BALAJI AMINES 's p/e ratio peaked in Mar2024 at 32.33x.

- BALAJI AMINES 's p/e ratio hit its five-year low in Mar2020 of 7.76x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BALAJI AMINES 215.2731.366,749.9
PIDILITE INDUSTRIES LTD1,930.5582.89160,025.0
SOLAR INDUSTRIES INDIA LTD1,060.5789.1694,562.1
SRF LTD1,129.2860.6668,506.7
GUJARAT FLUOROCHEMICALS LTD410.06108.5644,515.6
DEEPAK NITRITE LTD852.6142.0235,829.8
TATA CHEMICALS LTD-351.00-82.4528,941.6
GODREJ INDUSTRIES LTD1,358.8126.8636,498.9
AARTI INDUSTRIES LTD445.0036.2616,137.5
ATUL LTD370.5158.7621,772.3
VINATI ORGANICS LTD369.6052.8219,521.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -82.45x
Max industry PE 108.56x
Median industry PE 52.82x
Average industry PE 46.08x



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