DEEPAK NITRITE
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The Current P/E Ratio of DEEPAK NITRITE is 34.58.
Share Price | ₹1,898.0 | Feb 18,2025 |
Market Cap | ₹25,888.7 Cr | |
Earnings-TTM | ₹748.7 Cr | TTM-Consolidated Results |
Price/Earnings | 34.58x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK NITRITE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹25,888.7 Cr] as on Feb 18,2025
(/) Earnings [ ₹748.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.58x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 34.58 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 DEEPAK NITRITE !
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 DEEPAK NITRITE over the last five years.
Historical PE (Price/Earnings) ratio chart of DEEPAK NITRITE
PE Ratio Performance Analysis for DEEPAK NITRITE
- DEEPAK NITRITE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.34x.
- DEEPAK NITRITE 's operated at median p/e ratio of 29.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK NITRITE 's p/e ratio peaked in Mar2024 at 35.69x.
- DEEPAK NITRITE 's p/e ratio hit its five-year low in Mar2020 of 8.68x.
How does DEEPAK NITRITE 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DEEPAK NITRITE | 748.70 | 34.58 | 25,888.7 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 71.15 | 140,687.0 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 66.36 | 77,892.0 |
SRF LTD | 1,146.93 | 70.85 | 81,261.9 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 88.14 | 40,189.2 |
TATA CHEMICALS LTD | -538.00 | -40.57 | 21,827.5 |
GODREJ INDUSTRIES LTD | 1,519.02 | 18.66 | 28,346.1 |
AARTI INDUSTRIES LTD | 367.00 | 40.49 | 14,859.7 |
ATUL LTD | 414.37 | 38.31 | 15,873.4 |
VINATI ORGANICS LTD | 386.36 | 41.87 | 16,176.5 |
HIMADRI SPECIALITY CHEMICAL LTD | 514.81 | 39.72 | 20,448.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -40.57x |
Max industry PE | 88.14x |
Median industry PE | 40.49x |
Average industry PE | 42.69x |
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