DEEPAK NITRITE
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The Current P/E Ratio of DEEPAK NITRITE is 39.50.
| Share Price | ₹1,758.0 | Oct 24,2025 |
| Market Cap | ₹23,978.4 Cr | |
| Earnings-TTM | ₹607.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 39.50x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹23,978.4 Cr] as on Oct 24,2025
(/) Earnings [ ₹607.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 39.50x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 39.50 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 Mar2025 to Mar2021 averaged 32.36x.
- DEEPAK NITRITE 's operated at median p/e ratio of 29.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK NITRITE 's p/e ratio peaked in Mar2025 at 38.79x.
- DEEPAK NITRITE 's p/e ratio hit its five-year low in Mar2022 of 28.7x.
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 | 607.08 | 39.50 | 23,978.4 |
| PIDILITE INDUSTRIES LTD | 2,205.27 | 69.54 | 153,349.0 |
| SRF LTD | 1,430.88 | 63.92 | 91,457.4 |
| SOLAR INDUSTRIES INDIA LTD | 1,336.47 | 95.01 | 126,972.0 |
| GUJARAT FLUOROCHEMICALS LTD | 622.00 | 65.38 | 40,667.0 |
| GODREJ INDUSTRIES LTD | 1,536.33 | 23.82 | 36,592.0 |
| TATA CHEMICALS LTD | 353.00 | 64.98 | 22,937.0 |
| HIMADRI SPECIALITY CHEMICAL LTD | 652.11 | 35.75 | 23,309.7 |
| NAVIN FLUORINE INTERNATIONAL LTD | 354.57 | 73.11 | 25,924.0 |
| VINATI ORGANICS LTD | 425.29 | 41.14 | 17,495.7 |
| ATUL LTD | 554.03 | 31.38 | 17,388.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 23.82x |
| Max industry PE | 95.01x |
| Median industry PE | 63.92x |
| Average industry PE | 54.87x |
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