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INDIAN TONERS & DEVELOPERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIAN TONERS & DEVELOPERS is 13.23.

Share Price ₹300.0Nov 08,2024
Market Cap ₹312.0 Cr
Earnings-TTM₹23.6 CrTTM-Standalone Results
Price/Earnings13.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIAN TONERS & DEVELOPERS

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 INDIAN TONERS & DEVELOPERS is calculated as :

Current Market Cap [ ₹312.0 Cr] as on Nov 08,2024

(/) Earnings [ ₹23.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.23x ]

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

Thus, for INDIAN TONERS & DEVELOPERS , the investors are currently willing to pay 13.23 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 latest p/e ratio is 13.23x.

- 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 RatioMarket Cap
INDIAN TONERS & DEVELOPERS 23.5813.23312.0
PIDILITE INDUSTRIES LTD1,930.5582.38159,033.0
SOLAR INDUSTRIES INDIA LTD971.6694.4891,799.5
SRF LTD1,129.2860.3568,157.0
GUJARAT FLUOROCHEMICALS LTD410.06111.8145,850.8
DEEPAK NITRITE LTD863.4842.2736,496.1
TATA CHEMICALS LTD-351.00-79.9328,056.3
GODREJ INDUSTRIES LTD1,081.9230.9433,473.2
AARTI INDUSTRIES LTD445.0038.6817,210.6
ATUL LTD370.5162.6423,209.5
VINATI ORGANICS LTD349.4156.6819,804.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs INDIAN TONERS & DEVELOPERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -79.93x
Max industry PE 111.81x
Median industry PE 56.68x
Average industry PE 46.68x



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