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HINDUSTAN ADHESIVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN ADHESIVES is 12.85.

Share Price ₹398.4Jan 29,2025
Market Cap ₹203.2 Cr
Earnings-TTM₹15.8 CrTTM-Consolidated Results
Price/Earnings12.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN ADHESIVES

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 HINDUSTAN ADHESIVES is calculated as :

Current Market Cap [ ₹203.2 Cr] as on Jan 29,2025

(/) Earnings [ ₹15.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.85x ]

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

Thus, for HINDUSTAN ADHESIVES , the investors are currently willing to pay 12.85 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 HINDUSTAN ADHESIVES !

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 HINDUSTAN ADHESIVES over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN ADHESIVES


PE Ratio Performance Analysis for HINDUSTAN ADHESIVES

- HINDUSTAN ADHESIVES 's latest p/e ratio is 12.85x.

- HINDUSTAN ADHESIVES 's p/e ratio for fiscal years ending Mar2024 to Mar2016 averaged 12.33x.

- HINDUSTAN ADHESIVES 's operated at median p/e ratio of 11.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, HINDUSTAN ADHESIVES 's p/e ratio peaked in Mar2023 at 20.58x.

- HINDUSTAN ADHESIVES 's p/e ratio hit its five-year low in Mar2017 of 6.35x.


How does HINDUSTAN ADHESIVES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN ADHESIVES 15.8112.85203.2
ASTRAL LTD522.9075.8339,649.1
SUPREME INDUSTRIES LTD893.7754.3248,553.5
FINOLEX INDUSTRIES LTD777.4416.3612,719.8
RESPONSIVE INDUSTRIES LTD188.2435.286,641.2
PRINCE PIPES AND FITTINGS LTD131.6630.434,006.7
EPL LTD256.6027.176,970.6
JAI CORP LTD67.8033.792,291.2
TIME TECHNOPLAST LTD367.6123.958,802.6
GARWARE HITECH FILMS LTD306.3027.648,465.4
JAIN IRRIGATION SYSTEMS LTD36.76128.934,739.3

Plastic Products Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN ADHESIVES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.85x
Max industry PE 128.93x
Median industry PE 30.43x
Average industry PE 42.41x



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