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HINDCON CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDCON CHEMICALS is 43.93.

Share Price ₹43.6Feb 01,2025
Market Cap ₹223.0 Cr
Earnings-TTM₹5.1 CrTTM-Consolidated Results
Price/Earnings43.93xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of HINDCON CHEMICALS is calculated as :

Current Market Cap [ ₹223.0 Cr] as on Feb 01,2025

(/) Earnings [ ₹5.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 43.93x ]

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 43.93 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 43.93x.

- 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 RatioMarket Cap
HINDCON CHEMICALS 5.0843.93223.0
PIDILITE INDUSTRIES LTD1,977.4075.84149,962.0
SOLAR INDUSTRIES INDIA LTD1,060.5786.0891,290.4
SRF LTD1,146.9373.0583,786.0
GUJARAT FLUOROCHEMICALS LTD455.9786.0239,222.5
DEEPAK NITRITE LTD852.6137.2131,728.4
TATA CHEMICALS LTD-351.00-70.0024,570.0
GODREJ INDUSTRIES LTD1,358.8122.8431,038.4
AARTI INDUSTRIES LTD445.0037.4416,661.4
ATUL LTD414.3744.1218,283.6
VINATI ORGANICS LTD386.3646.6818,035.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -70.00x
Max industry PE 86.08x
Median industry PE 44.12x
Average industry PE 43.93x



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