IG PETROCHEMICALS
|
The Current P/E Ratio of IG PETROCHEMICALS is 25.27.
Share Price | ₹451.1 | Feb 07,2025 |
Market Cap | ₹1,389.4 Cr | |
Earnings-TTM | ₹55.0 Cr | TTM-Consolidated Results |
Price/Earnings | 25.27x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of IG PETROCHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,389.4 Cr] as on Feb 07,2025
(/) Earnings [ ₹55.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 25.27x ]
Thus, for IG PETROCHEMICALS , the investors are currently willing to pay 25.27 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 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 Ratio | Market Cap |
---|---|---|---|
IG PETROCHEMICALS | 54.99 | 25.27 | 1,389.4 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 73.84 | 146,014.0 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 69.99 | 82,156.4 |
SRF LTD | 1,146.93 | 74.47 | 85,414.8 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 89.17 | 40,658.8 |
DEEPAK NITRITE LTD | 852.61 | 37.65 | 32,104.2 |
TATA CHEMICALS LTD | -538.00 | -44.09 | 23,722.9 |
GODREJ INDUSTRIES LTD | 1,358.81 | 21.90 | 29,758.8 |
AARTI INDUSTRIES LTD | 367.00 | 45.95 | 16,862.6 |
ATUL LTD | 414.37 | 43.37 | 17,969.5 |
VINATI ORGANICS LTD | 386.36 | 46.60 | 18,006.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs IG PETROCHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -44.09x |
Max industry PE | 89.17x |
Median industry PE | 45.95x |
Average industry PE | 44.01x |
You may also like the below Video Courses