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FINE ORGANIC INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of FINE ORGANIC INDUSTRIES is 32.39.

Share Price ₹4,658.4Dec 24,2024
Market Cap ₹14,301.3 Cr
Earnings-TTM₹441.5 CrTTM-Consolidated Results
Price/Earnings32.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FINE ORGANIC INDUSTRIES

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 FINE ORGANIC INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 32.39x.

- 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 RatioMarket Cap
FINE ORGANIC INDUSTRIES 441.5132.3914,301.3
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 FINE ORGANIC INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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