INDIAN TONERS & DEVELOPERS
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The Current P/E Ratio of INDIAN TONERS & DEVELOPERS is 13.18.
Share Price | ₹298.9 | Dec 24,2024 |
Market Cap | ₹310.9 Cr | |
Earnings-TTM | ₹23.6 Cr | TTM-Standalone Results |
Price/Earnings | 13.18x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN TONERS & DEVELOPERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹310.9 Cr] as on Dec 24,2024
(/) Earnings [ ₹23.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 13.18x ]
Thus, for INDIAN TONERS & DEVELOPERS , the investors are currently willing to pay 13.18 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 INDIAN TONERS & DEVELOPERS !
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 INDIAN TONERS & DEVELOPERS over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN TONERS & DEVELOPERS
PE Ratio Performance Analysis for INDIAN TONERS & DEVELOPERS
- INDIAN TONERS & DEVELOPERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.04x.
- INDIAN TONERS & DEVELOPERS 's operated at median p/e ratio of 9.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN TONERS & DEVELOPERS 's p/e ratio peaked in Mar2021 at 11.21x.
- INDIAN TONERS & DEVELOPERS 's p/e ratio hit its five-year low in Mar2020 of 5.8x.
How does INDIAN TONERS & DEVELOPERS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN TONERS & DEVELOPERS | 23.58 | 13.18 | 310.9 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 78.24 | 151,055.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 86.84 | 92,098.1 |
SRF LTD | 1,129.28 | 59.73 | 67,451.5 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 116.39 | 47,726.0 |
DEEPAK NITRITE LTD | 852.61 | 41.54 | 35,413.8 |
TATA CHEMICALS LTD | -351.00 | -77.46 | 27,190.1 |
GODREJ INDUSTRIES LTD | 1,358.81 | 27.88 | 37,881.2 |
AARTI INDUSTRIES LTD | 445.00 | 33.85 | 15,064.5 |
ATUL LTD | 370.51 | 56.02 | 20,756.6 |
VINATI ORGANICS LTD | 369.60 | 47.41 | 17,521.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs INDIAN TONERS & DEVELOPERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.46x |
Max industry PE | 116.39x |
Median industry PE | 47.41x |
Average industry PE | 43.96x |
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