HP ADHESIVES
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The Current P/E Ratio of HP ADHESIVES is 31.49.
| Share Price | ₹70.5 | Jan 24,2025 |
| Market Cap | ₹647.7 Cr | |
| Earnings-TTM | ₹20.6 Cr | TTM-Standalone Results |
| Price/Earnings | 31.49x | 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 [ ₹647.7 Cr] as on Jan 24,2025
(/) Earnings [ ₹20.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 31.49x ]
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 31.49 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.
Thus, for HP ADHESIVES , the investors are currently willing to pay 31.49 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 31.49x.
- 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.
- 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 | 31.49 | 647.7 |
| PIDILITE INDUSTRIES LTD | 1,977.40 | 73.41 | 145,152.0 |
| SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 80.91 | 85,813.5 |
| SRF LTD | 1,129.28 | 67.79 | 76,553.2 |
| GUJARAT FLUOROCHEMICALS LTD | 410.06 | 96.45 | 39,552.0 |
| DEEPAK NITRITE LTD | 852.61 | 36.67 | 31,261.3 |
| TATA CHEMICALS LTD | -351.00 | -69.49 | 24,391.6 |
| GODREJ INDUSTRIES LTD | 1,358.81 | 21.22 | 28,831.0 |
| AARTI INDUSTRIES LTD | 445.00 | 35.78 | 15,920.1 |
| ATUL LTD | 414.37 | 46.51 | 19,271.5 |
| VINATI ORGANICS LTD | 369.60 | 47.41 | 17,524.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HP ADHESIVES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -69.49x |
| Max industry PE | 96.45x |
| Median industry PE | 46.51x |
| Average industry PE | 42.56x |
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