HINDUSTAN ORGANIC CHEMICALS
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The Current P/E Ratio of HINDUSTAN ORGANIC CHEMICALS is -3.50.
Share Price | ₹41.2 | Nov 22,2024 |
Market Cap | ₹276.7 Cr | |
Earnings-TTM | ₹-79.2 Cr | TTM-Consolidated Results |
Price/Earnings | -3.50x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN ORGANIC CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹276.7 Cr] as on Nov 22,2024
(/) Earnings [ ₹-79.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.50x ]
Thus, for HINDUSTAN ORGANIC CHEMICALS , the investors are currently willing to pay -3.50 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 ORGANIC 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 HINDUSTAN ORGANIC CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN ORGANIC CHEMICALS
PE Ratio Performance Analysis for HINDUSTAN ORGANIC CHEMICALS
- HINDUSTAN ORGANIC CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.04x.
- HINDUSTAN ORGANIC CHEMICALS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN ORGANIC CHEMICALS 's p/e ratio peaked in Mar2021 at 105.2x.
- HINDUSTAN ORGANIC CHEMICALS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does HINDUSTAN ORGANIC CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDUSTAN ORGANIC CHEMICALS | -79.18 | -3.50 | 276.7 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 77.95 | 150,478.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 85.58 | 90,766.5 |
SRF LTD | 1,129.28 | 56.85 | 64,201.2 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 102.14 | 41,885.3 |
DEEPAK NITRITE LTD | 852.61 | 42.72 | 36,422.4 |
TATA CHEMICALS LTD | -351.00 | -77.62 | 27,243.6 |
GODREJ INDUSTRIES LTD | 1,358.81 | 25.47 | 34,611.4 |
AARTI INDUSTRIES LTD | 445.00 | 35.10 | 15,617.3 |
ATUL LTD | 370.51 | 57.70 | 21,377.7 |
VINATI ORGANICS LTD | 369.60 | 51.76 | 19,132.0 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN ORGANIC CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.62x |
Max industry PE | 102.14x |
Median industry PE | 51.76x |
Average industry PE | 41.29x |
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