INDIA GLYCOLS
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The Current P/E Ratio of INDIA GLYCOLS is 22.98.
Share Price | ₹1,205.5 | Jan 27,2025 |
Market Cap | ₹3,737.1 Cr | |
Earnings-TTM | ₹162.6 Cr | TTM-Consolidated Results |
Price/Earnings | 22.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIA GLYCOLS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
INDIA GLYCOLS | 162.62 | 22.98 | 3,737.1 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 73.78 | 145,887.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 79.35 | 84,159.8 |
SRF LTD | 1,129.28 | 67.45 | 76,170.8 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 94.69 | 38,830.3 |
DEEPAK NITRITE LTD | 852.61 | 35.45 | 30,224.7 |
TATA CHEMICALS LTD | -351.00 | -68.53 | 24,052.8 |
GODREJ INDUSTRIES LTD | 1,358.81 | 20.79 | 28,245.1 |
AARTI INDUSTRIES LTD | 445.00 | 34.10 | 15,175.1 |
ATUL LTD | 414.37 | 44.98 | 18,637.7 |
VINATI ORGANICS LTD | 369.60 | 46.71 | 17,264.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs INDIA GLYCOLS 's P/E Ratio
Top 10 Industry Peers | PE 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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