DEEPAK NITRITE
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The Current P/E Ratio of DEEPAK NITRITE is 43.23.
| Share Price | ₹1,690.1 | Apr 24,2026 |
| Market Cap | ₹23,053.0 Cr | |
| Earnings-TTM | ₹533.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 43.23x | 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 [ ₹23,053.0 Cr] as on Apr 24,2026
(/) Earnings [ ₹533.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.23x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 43.23 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 | 533.32 | 43.23 | 23,053.0 |
| PIDILITE INDUSTRIES LTD | 2,315.24 | 61.30 | 141,914.0 |
| SRF LTD | 1,779.22 | 41.55 | 73,925.4 |
| SOLAR INDUSTRIES INDIA LTD | 1,530.31 | 89.03 | 136,250.0 |
| GUJARAT FLUOROCHEMICALS LTD | 656.00 | 56.68 | 37,180.9 |
| GODREJ INDUSTRIES LTD | 1,672.11 | 19.99 | 33,422.8 |
| TATA CHEMICALS LTD | 176.00 | 100.47 | 17,682.6 |
| HIMADRI SPECIALITY CHEMICAL LTD | 755.07 | 37.84 | 28,574.7 |
| NAVIN FLUORINE INTERNATIONAL LTD | 545.92 | 60.66 | 33,114.3 |
| VINATI ORGANICS LTD | 442.94 | 29.99 | 13,283.2 |
| ATUL LTD | 683.02 | 28.85 | 19,702.9 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.99x |
| Max industry PE | 100.47x |
| Median industry PE | 43.23x |
| Average industry PE | 51.78x |
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