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CHEMBOND CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of CHEMBOND CHEMICALS is 18.59.

Share Price ₹603.8Oct 17,2024
Market Cap ₹809.0 Cr
Earnings-TTM₹43.5 CrTTM-Consolidated Results
Price/Earnings18.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CHEMBOND CHEMICALS

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 CHEMBOND CHEMICALS is calculated as :

Current Market Cap [ ₹809.0 Cr] as on Oct 17,2024

(/) Earnings [ ₹43.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.59x ]

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

Thus, for CHEMBOND CHEMICALS , the investors are currently willing to pay 18.59 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 CHEMBOND CHEMICALS !

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 CHEMBOND CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of CHEMBOND CHEMICALS


PE Ratio Performance Analysis for CHEMBOND CHEMICALS

- CHEMBOND CHEMICALS 's latest p/e ratio is 18.59x.

- CHEMBOND CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.74x.

- CHEMBOND CHEMICALS 's operated at median p/e ratio of 14.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CHEMBOND CHEMICALS 's p/e ratio peaked in Mar2020 at 105.8x.

- CHEMBOND CHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 12.55x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CHEMBOND CHEMICALS 43.5218.59809.0
PIDILITE INDUSTRIES LTD1,848.9186.78160,455.0
SOLAR INDUSTRIES INDIA LTD971.66103.94100,997.0
SRF LTD1,228.6454.5967,075.0
GUJARAT FLUOROCHEMICALS LTD341.80150.7551,525.7
DEEPAK NITRITE LTD863.4845.3239,130.5
TATA CHEMICALS LTD-351.00-77.9327,353.2
GODREJ INDUSTRIES LTD1,081.9232.2234,857.2
AARTI INDUSTRIES LTD484.0039.0218,883.6
ATUL LTD323.1270.7122,849.3
VINATI ORGANICS LTD349.4158.5320,450.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -77.93x
Max industry PE 150.75x
Median industry PE 54.59x
Average industry PE 52.96x



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