HINDCON CHEMICALS
|
The Current P/E Ratio of HINDCON CHEMICALS is 43.77.
| Share Price | ₹40.3 | Jan 14,2025 |
| Market Cap | ₹206.1 Cr | |
| Earnings-TTM | ₹4.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 43.77x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HINDCON 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)
Current Market Cap [ ₹206.1 Cr] as on Jan 14,2025
(/) Earnings [ ₹4.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.77x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HINDCON CHEMICALS , the investors are currently willing to pay 43.77 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 HINDCON 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 HINDCON CHEMICALS over the last five years.
Thus, for HINDCON CHEMICALS , the investors are currently willing to pay 43.77 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 HINDCON 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 HINDCON CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDCON CHEMICALS
PE Ratio Performance Analysis for HINDCON CHEMICALS
- HINDCON CHEMICALS 's latest p/e ratio is 43.77x.
- HINDCON CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.94x.
- HINDCON CHEMICALS 's operated at median p/e ratio of 3.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDCON CHEMICALS 's p/e ratio peaked in Mar2024 at 32.31x.
- HINDCON CHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 2.81x.
- HINDCON CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.94x.
- HINDCON CHEMICALS 's operated at median p/e ratio of 3.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDCON CHEMICALS 's p/e ratio peaked in Mar2024 at 32.31x.
- HINDCON CHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 2.81x.
How does HINDCON CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
| Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HINDCON CHEMICALS | 4.71 | 43.77 | 206.1 |
| PIDILITE INDUSTRIES LTD | 1,930.55 | 74.01 | 142,879.0 |
| SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 78.49 | 83,239.5 |
| SRF LTD | 1,129.28 | 65.88 | 74,396.7 |
| GUJARAT FLUOROCHEMICALS LTD | 410.06 | 98.22 | 40,277.6 |
| DEEPAK NITRITE LTD | 852.61 | 37.47 | 31,943.2 |
| TATA CHEMICALS LTD | -351.00 | -70.05 | 24,589.1 |
| GODREJ INDUSTRIES LTD | 1,358.81 | 23.72 | 32,232.2 |
| AARTI INDUSTRIES LTD | 445.00 | 33.34 | 14,837.9 |
| ATUL LTD | 370.51 | 53.51 | 19,824.5 |
| VINATI ORGANICS LTD | 369.60 | 45.78 | 16,920.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HINDCON CHEMICALS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -70.05x |
| Max industry PE | 98.22x |
| Median industry PE | 45.78x |
| Average industry PE | 44.01x |
You may also like the below Video Courses
