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INDIA GLYCOLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIA GLYCOLS is 22.98.

Share Price ₹1,205.5Jan 27,2025
Market Cap ₹3,737.1 Cr
Earnings-TTM₹162.6 CrTTM-Consolidated Results
Price/Earnings22.98xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIA GLYCOLS

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 GLYCOLS is calculated as :

Current Market Cap [ ₹3,737.1 Cr] as on Jan 27,2025

(/) Earnings [ ₹162.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.98x ]

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

Thus, for INDIA GLYCOLS , the investors are currently willing to pay 22.98 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 GLYCOLS !

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 GLYCOLS over the last five years.

Historical PE (Price/Earnings) ratio chart of INDIA GLYCOLS


PE Ratio Performance Analysis for INDIA GLYCOLS

- INDIA GLYCOLS 's latest p/e ratio is 22.98x.

- INDIA GLYCOLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.70x.

- INDIA GLYCOLS 's operated at median p/e ratio of 9.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA GLYCOLS 's p/e ratio peaked in Mar2023 at 15.19x.

- INDIA GLYCOLS 's p/e ratio hit its five-year low in Mar2020 of 5.75x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INDIA GLYCOLS 162.6222.983,737.1
PIDILITE INDUSTRIES LTD1,977.4073.78145,887.0
SOLAR INDUSTRIES INDIA LTD1,060.5779.3584,159.8
SRF LTD1,129.2867.4576,170.8
GUJARAT FLUOROCHEMICALS LTD410.0694.6938,830.3
DEEPAK NITRITE LTD852.6135.4530,224.7
TATA CHEMICALS LTD-351.00-68.5324,052.8
GODREJ INDUSTRIES LTD1,358.8120.7928,245.1
AARTI INDUSTRIES LTD445.0034.1015,175.1
ATUL LTD414.3744.9818,637.7
VINATI ORGANICS LTD369.6046.7117,264.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -68.53x
Max industry PE 94.69x
Median industry PE 44.98x
Average industry PE 41.07x



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