HP ADHESIVES
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The Current P/E Ratio of HP ADHESIVES is 34.22.
| Share Price | ₹76.6 | Jan 06,2025 |
| Market Cap | ₹703.9 Cr | |
| Earnings-TTM | ₹20.6 Cr | TTM-Standalone Results |
| Price/Earnings | 34.22x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HP 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)
Current Market Cap [ ₹703.9 Cr] as on Jan 06,2025
(/) Earnings [ ₹20.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 34.22x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HP ADHESIVES , the investors are currently willing to pay 34.22 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 HP 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 HP ADHESIVES over the last five years.
Thus, for HP ADHESIVES , the investors are currently willing to pay 34.22 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 HP 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 HP ADHESIVES over the last five years.
Historical PE (Price/Earnings) ratio chart of HP ADHESIVES
PE Ratio Performance Analysis for HP ADHESIVES
- HP ADHESIVES 's latest p/e ratio is 34.22x.
- HP ADHESIVES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.97x.
- HP ADHESIVES 's operated at median p/e ratio of 12.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HP ADHESIVES 's p/e ratio peaked in Mar2022 at 119.93x.
- HP ADHESIVES 's p/e ratio hit its five-year low in Mar2021 of 0x.
- HP ADHESIVES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.97x.
- HP ADHESIVES 's operated at median p/e ratio of 12.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HP ADHESIVES 's p/e ratio peaked in Mar2022 at 119.93x.
- HP ADHESIVES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does HP ADHESIVES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
| Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HP ADHESIVES | 20.57 | 34.22 | 703.9 |
| PIDILITE INDUSTRIES LTD | 1,930.55 | 76.30 | 147,304.0 |
| SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 81.10 | 86,016.7 |
| SRF LTD | 1,129.28 | 59.68 | 67,393.7 |
| GUJARAT FLUOROCHEMICALS LTD | 410.06 | 103.70 | 42,524.0 |
| DEEPAK NITRITE LTD | 852.61 | 38.70 | 32,992.1 |
| TATA CHEMICALS LTD | -351.00 | -71.88 | 25,228.5 |
| GODREJ INDUSTRIES LTD | 1,358.81 | 27.19 | 36,951.8 |
| AARTI INDUSTRIES LTD | 445.00 | 32.89 | 14,634.9 |
| ATUL LTD | 370.51 | 54.02 | 20,016.3 |
| VINATI ORGANICS LTD | 369.60 | 48.16 | 17,798.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HP ADHESIVES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -71.88x |
| Max industry PE | 103.70x |
| Median industry PE | 48.16x |
| Average industry PE | 44.01x |
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