Home > PE Ratio > DEEPAK NITRITE

DEEPAK NITRITE
PE (Price/Earnings) Ratio

The Current P/E Ratio of DEEPAK NITRITE is 35.18.

Share Price ₹1,931.2Feb 21,2025
Market Cap ₹26,340.9 Cr
Earnings-TTM₹748.7 CrTTM-Consolidated Results
Price/Earnings35.18xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for DEEPAK NITRITE
Please provide your vote to see the results
DEEPAK NITRITE is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK NITRITE

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 DEEPAK NITRITE is calculated as :

Current Market Cap [ ₹26,340.9 Cr] as on Feb 21,2025

(/) Earnings [ ₹748.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 35.18x ]

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

Thus, for DEEPAK NITRITE , the investors are currently willing to pay 35.18 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 latest p/e ratio is 35.18x.

- 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 RatioMarket Cap
DEEPAK NITRITE 748.7035.1826,340.9
PIDILITE INDUSTRIES LTD1,977.4071.87142,121.0
SRF LTD1,146.9371.7582,293.5
SOLAR INDUSTRIES INDIA LTD1,173.8468.2080,060.2
GUJARAT FLUOROCHEMICALS LTD455.9789.2140,677.5
GODREJ INDUSTRIES LTD1,519.0225.1338,167.5
TATA CHEMICALS LTD-538.00-40.0221,532.0
HIMADRI SPECIALITY CHEMICAL LTD514.8143.8322,563.7
NAVIN FLUORINE INTERNATIONAL LTD264.0075.8020,011.3
VINATI ORGANICS LTD386.3642.3716,368.3
ATUL LTD414.3739.0516,183.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -40.02x
Max industry PE 89.21x
Median industry PE 43.83x
Average industry PE 47.49x



You may also like the below Video Courses