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DIAMINES & CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DIAMINES & CHEMICALS is 82.64.

Share Price ₹504.0Dec 24,2024
Market Cap ₹493.9 Cr
Earnings-TTM₹6.0 CrTTM-Consolidated Results
Price/Earnings82.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DIAMINES & CHEMICALS

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 DIAMINES & CHEMICALS is calculated as :

Current Market Cap [ ₹493.9 Cr] as on Dec 24,2024

(/) Earnings [ ₹6.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 82.64x ]

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

Thus, for DIAMINES & CHEMICALS , the investors are currently willing to pay 82.64 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 DIAMINES & CHEMICALS !

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 DIAMINES & CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of DIAMINES & CHEMICALS


PE Ratio Performance Analysis for DIAMINES & CHEMICALS

- DIAMINES & CHEMICALS 's latest p/e ratio is 82.64x.

- DIAMINES & CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2016 averaged 40.40x.

- DIAMINES & CHEMICALS 's operated at median p/e ratio of 15.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DIAMINES & CHEMICALS 's p/e ratio peaked in Mar2016 at 132.58x.

- DIAMINES & CHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 9.38x.


How does DIAMINES & CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DIAMINES & CHEMICALS 5.9882.64493.9
PIDILITE INDUSTRIES LTD1,930.5578.24151,055.0
SOLAR INDUSTRIES INDIA LTD1,060.5786.8492,098.1
SRF LTD1,129.2859.7367,451.5
GUJARAT FLUOROCHEMICALS LTD410.06116.3947,726.0
DEEPAK NITRITE LTD852.6141.5435,413.8
TATA CHEMICALS LTD-351.00-77.4627,190.1
GODREJ INDUSTRIES LTD1,358.8127.8837,881.2
AARTI INDUSTRIES LTD445.0033.8515,064.5
ATUL LTD370.5156.0220,756.6
VINATI ORGANICS LTD369.6047.4117,521.6

Chemicals Industry Benchmark (Top 10) PE Analysis vs DIAMINES & CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -77.46x
Max industry PE 116.39x
Median industry PE 56.02x
Average industry PE 50.28x



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