FINE ORGANIC INDUSTRIES
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The Current P/E Ratio of FINE ORGANIC INDUSTRIES is 32.39.
Share Price | ₹4,658.4 | Dec 24,2024 |
Market Cap | ₹14,301.3 Cr | |
Earnings-TTM | ₹441.5 Cr | TTM-Consolidated Results |
Price/Earnings | 32.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FINE ORGANIC INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,301.3 Cr] as on Dec 24,2024
(/) Earnings [ ₹441.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.39x ]
Thus, for FINE ORGANIC INDUSTRIES , the investors are currently willing to pay 32.39 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 FINE ORGANIC INDUSTRIES !
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 FINE ORGANIC INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of FINE ORGANIC INDUSTRIES
PE Ratio Performance Analysis for FINE ORGANIC INDUSTRIES
- FINE ORGANIC INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 38.47x.
- FINE ORGANIC INDUSTRIES 's operated at median p/e ratio of 35.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FINE ORGANIC INDUSTRIES 's p/e ratio peaked in Mar2021 at 58.17x.
- FINE ORGANIC INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 21.36x.
How does FINE ORGANIC INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
FINE ORGANIC INDUSTRIES | 441.51 | 32.39 | 14,301.3 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 78.24 | 151,055.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 86.84 | 92,098.1 |
SRF LTD | 1,129.28 | 59.73 | 67,451.5 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 116.39 | 47,726.0 |
DEEPAK NITRITE LTD | 852.61 | 41.54 | 35,413.8 |
TATA CHEMICALS LTD | -351.00 | -77.46 | 27,190.1 |
GODREJ INDUSTRIES LTD | 1,358.81 | 27.88 | 37,881.2 |
AARTI INDUSTRIES LTD | 445.00 | 33.85 | 15,064.5 |
ATUL LTD | 370.51 | 56.02 | 20,756.6 |
VINATI ORGANICS LTD | 369.60 | 47.41 | 17,521.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs FINE ORGANIC INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.46x |
Max industry PE | 116.39x |
Median industry PE | 47.41x |
Average industry PE | 45.71x |
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