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INDIA GELATINE & CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIA GELATINE & CHEMICALS is 11.36.

Share Price ₹374.3Sep 06,2024
Market Cap ₹265.7 Cr
Earnings-TTM₹23.4 CrTTM-Standalone Results
Price/Earnings11.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIA GELATINE & CHEMICALS

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 INDIA GELATINE & CHEMICALS is calculated as :

Current Market Cap [ ₹265.7 Cr] as on Sep 06,2024

(/) Earnings [ ₹23.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 11.36x ]

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

Thus, for INDIA GELATINE & CHEMICALS , the investors are currently willing to pay 11.36 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 INDIA GELATINE & CHEMICALS !

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 INDIA GELATINE & CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of INDIA GELATINE & CHEMICALS


PE Ratio Performance Analysis for INDIA GELATINE & CHEMICALS

- INDIA GELATINE & CHEMICALS 's latest p/e ratio is 11.36x.

- INDIA GELATINE & CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.42x.

- INDIA GELATINE & CHEMICALS 's operated at median p/e ratio of 10.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA GELATINE & CHEMICALS 's p/e ratio peaked in Mar2022 at 13.82x.

- INDIA GELATINE & CHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 8.13x.


How does INDIA GELATINE & CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INDIA GELATINE & CHEMICALS 23.3911.36265.7
PIDILITE INDUSTRIES LTD1,848.9189.03164,600.0
SOLAR INDUSTRIES INDIA LTD971.66102.4499,541.3
SRF LTD1,228.6460.5574,396.7
GUJARAT FLUOROCHEMICALS LTD341.80122.4341,846.3
DEEPAK NITRITE LTD863.4846.2939,967.9
TATA CHEMICALS LTD-67.00-401.7726,918.8
GODREJ INDUSTRIES LTD1,081.9237.7240,807.6
AARTI INDUSTRIES LTD484.0045.3021,926.8
ATUL LTD323.1271.8823,225.4
VINATI ORGANICS LTD349.4157.2319,996.1

Chemicals Industry Benchmark (Top 10) PE Analysis vs INDIA GELATINE & CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -401.77x
Max industry PE 122.43x
Median industry PE 57.23x
Average industry PE 22.04x



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