HIMADRI SPECIALITY CHEMICAL
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The Current P/E Ratio of HIMADRI SPECIALITY CHEMICAL is 51.51.
Share Price | ₹537.1 | Jan 17,2025 |
Market Cap | ₹26,516.6 Cr | |
Earnings-TTM | ₹514.8 Cr | TTM-Consolidated Results |
Price/Earnings | 51.51x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of HIMADRI SPECIALITY CHEMICAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹26,516.6 Cr] as on Jan 17,2025
(/) Earnings [ ₹514.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 51.51x ]
Thus, for HIMADRI SPECIALITY CHEMICAL , the investors are currently willing to pay 51.51 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 HIMADRI SPECIALITY CHEMICAL !
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 HIMADRI SPECIALITY CHEMICAL over the last five years.
Historical PE (Price/Earnings) ratio chart of HIMADRI SPECIALITY CHEMICAL
PE Ratio Performance Analysis for HIMADRI SPECIALITY CHEMICAL
- HIMADRI SPECIALITY CHEMICAL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.51x.
- HIMADRI SPECIALITY CHEMICAL 's operated at median p/e ratio of 36.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HIMADRI SPECIALITY CHEMICAL 's p/e ratio peaked in Mar2022 at 76.08x.
- HIMADRI SPECIALITY CHEMICAL 's p/e ratio hit its five-year low in Mar2020 of 6.02x.
How does HIMADRI SPECIALITY CHEMICAL 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HIMADRI SPECIALITY CHEMICAL | 514.81 | 51.51 | 26,516.6 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 74.14 | 143,128.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 82.85 | 87,869.9 |
SRF LTD | 1,129.28 | 68.37 | 77,214.2 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 101.15 | 41,476.6 |
DEEPAK NITRITE LTD | 852.61 | 37.73 | 32,171.7 |
TATA CHEMICALS LTD | -351.00 | -70.78 | 24,842.6 |
GODREJ INDUSTRIES LTD | 1,358.81 | 23.04 | 31,309.5 |
AARTI INDUSTRIES LTD | 445.00 | 36.04 | 16,037.9 |
ATUL LTD | 370.51 | 53.20 | 19,710.2 |
VINATI ORGANICS LTD | 369.60 | 48.23 | 17,825.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HIMADRI SPECIALITY CHEMICAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -70.78x |
Max industry PE | 101.15x |
Median industry PE | 51.51x |
Average industry PE | 45.95x |
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