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HP ADHESIVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HP ADHESIVES is 34.49.

Share Price ₹77.2Jan 08,2025
Market Cap ₹709.4 Cr
Earnings-TTM₹20.6 CrTTM-Standalone Results
Price/Earnings34.49xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of HP ADHESIVES is calculated as :

Current Market Cap [ ₹709.4 Cr] as on Jan 08,2025

(/) Earnings [ ₹20.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 34.49x ]

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 34.49 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 34.49x.

- 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 RatioMarket Cap
HP ADHESIVES 20.5734.49709.4
PIDILITE INDUSTRIES LTD1,930.5576.63147,947.0
SOLAR INDUSTRIES INDIA LTD1,060.5782.1087,074.5
SRF LTD1,129.2861.7169,686.5
GUJARAT FLUOROCHEMICALS LTD410.06104.6042,894.2
DEEPAK NITRITE LTD852.6138.9733,227.4
TATA CHEMICALS LTD-351.00-72.8525,571.2
GODREJ INDUSTRIES LTD1,358.8125.8435,118.2
AARTI INDUSTRIES LTD445.0032.4314,431.9
ATUL LTD370.5154.5420,207.8
VINATI ORGANICS LTD369.6047.7517,648.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -72.85x
Max industry PE 104.60x
Median industry PE 47.75x
Average industry PE 44.20x



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