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IG PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of IG PETROCHEMICALS is 13.05.

Share Price ₹418.6Mar 13,2025
Market Cap ₹1,289.3 Cr
Earnings-TTM₹98.8 CrTTM-Consolidated Results
Price/Earnings13.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IG PETROCHEMICALS

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 IG PETROCHEMICALS is calculated as :

Current Market Cap [ ₹1,289.3 Cr] as on Mar 13,2025

(/) Earnings [ ₹98.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.05x ]

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

Thus, for IG PETROCHEMICALS , the investors are currently willing to pay 13.05 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 IG PETROCHEMICALS !

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 IG PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of IG PETROCHEMICALS


PE Ratio Performance Analysis for IG PETROCHEMICALS

- IG PETROCHEMICALS 's latest p/e ratio is 13.05x.

- IG PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.69x.

- IG PETROCHEMICALS 's operated at median p/e ratio of 8.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IG PETROCHEMICALS 's p/e ratio peaked in Mar2024 at 33.52x.

- IG PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 6.33x.


How does IG PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IG PETROCHEMICALS 98.7713.051,289.3
PIDILITE INDUSTRIES LTD1,977.4070.27138,952.0
SRF LTD1,146.9376.1587,338.6
SOLAR INDUSTRIES INDIA LTD1,173.8477.8491,370.1
GUJARAT FLUOROCHEMICALS LTD455.9792.4342,146.7
GODREJ INDUSTRIES LTD1,519.0225.4838,709.6
DEEPAK NITRITE LTD748.7035.4826,561.2
TATA CHEMICALS LTD-538.00-37.6920,279.9
HIMADRI SPECIALITY CHEMICAL LTD514.8138.4919,815.5
NAVIN FLUORINE INTERNATIONAL LTD264.0077.5920,483.2
VINATI ORGANICS LTD386.3641.6516,090.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -37.69x
Max industry PE 92.43x
Median industry PE 41.65x
Average industry PE 46.43x



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