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COCHIN MINERALS & RUTILE
PE (Price/Earnings) Ratio

The Current P/E Ratio of COCHIN MINERALS & RUTILE is 20.01.

Share Price ₹315.1Sep 06,2024
Market Cap ₹245.7 Cr
Earnings-TTM₹12.3 CrTTM-Standalone Results
Price/Earnings20.01xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of COCHIN MINERALS & RUTILE

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 COCHIN MINERALS & RUTILE is calculated as :

Current Market Cap [ ₹245.7 Cr] as on Sep 06,2024

(/) Earnings [ ₹12.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 20.01x ]

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

Thus, for COCHIN MINERALS & RUTILE , the investors are currently willing to pay 20.01 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 COCHIN MINERALS & RUTILE !

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 COCHIN MINERALS & RUTILE over the last five years.

Historical PE (Price/Earnings) ratio chart of COCHIN MINERALS & RUTILE


PE Ratio Performance Analysis for COCHIN MINERALS & RUTILE

- COCHIN MINERALS & RUTILE 's latest p/e ratio is 20.01x.

- COCHIN MINERALS & RUTILE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.09x.

- COCHIN MINERALS & RUTILE 's operated at median p/e ratio of 12.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COCHIN MINERALS & RUTILE 's p/e ratio peaked in Mar2024 at 24.52x.

- COCHIN MINERALS & RUTILE 's p/e ratio hit its five-year low in Mar2023 of 3.81x.


How does COCHIN MINERALS & RUTILE 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
COCHIN MINERALS & RUTILE 12.2820.01245.7
PIDILITE INDUSTRIES LTD1,848.9189.03164,600.0
SOLAR INDUSTRIES INDIA LTD971.66102.4499,541.3
SRF LTD1,228.6460.5574,396.7
GUJARAT FLUOROCHEMICALS LTD341.80122.4341,846.3
DEEPAK NITRITE LTD863.4846.2939,967.9
TATA CHEMICALS LTD-67.00-401.7726,918.8
GODREJ INDUSTRIES LTD1,081.9237.7240,807.6
AARTI INDUSTRIES LTD484.0045.3021,926.8
ATUL LTD323.1271.8823,225.4
VINATI ORGANICS LTD349.4157.2319,996.1

Chemicals Industry Benchmark (Top 10) PE Analysis vs COCHIN MINERALS & RUTILE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -401.77x
Max industry PE 122.43x
Median industry PE 57.23x
Average industry PE 22.83x



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