KANORIA CHEMICALS & INDUSTRIES
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The Current P/E Ratio of KANORIA CHEMICALS & INDUSTRIES is -7.02.
Share Price | ₹114.7 | Dec 27,2024 |
Market Cap | ₹501.0 Cr | |
Earnings-TTM | ₹-71.4 Cr | TTM-Consolidated Results |
Price/Earnings | -7.02x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of KANORIA CHEMICALS & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹501.0 Cr] as on Dec 27,2024
(/) Earnings [ ₹-71.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -7.02x ]
Thus, for KANORIA CHEMICALS & INDUSTRIES , the investors are currently willing to pay -7.02 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 KANORIA CHEMICALS & INDUSTRIES !
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 KANORIA CHEMICALS & INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of KANORIA CHEMICALS & INDUSTRIES
PE Ratio Performance Analysis for KANORIA CHEMICALS & INDUSTRIES
- KANORIA CHEMICALS & INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.91x.
- KANORIA CHEMICALS & INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KANORIA CHEMICALS & INDUSTRIES 's p/e ratio peaked in Mar2022 at 87.12x.
- KANORIA CHEMICALS & INDUSTRIES 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does KANORIA CHEMICALS & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KANORIA CHEMICALS & INDUSTRIES | -71.39 | -7.02 | 501.0 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 76.70 | 148,067.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 86.81 | 92,067.3 |
SRF LTD | 1,129.28 | 59.32 | 66,990.5 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 117.77 | 48,294.4 |
DEEPAK NITRITE LTD | 852.61 | 41.27 | 35,186.7 |
TATA CHEMICALS LTD | -351.00 | -75.98 | 26,667.9 |
GODREJ INDUSTRIES LTD | 1,358.81 | 28.00 | 38,047.9 |
AARTI INDUSTRIES LTD | 445.00 | 33.51 | 14,912.3 |
ATUL LTD | 370.51 | 56.12 | 20,791.9 |
VINATI ORGANICS LTD | 369.60 | 49.18 | 18,176.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs KANORIA CHEMICALS & INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -75.98x |
Max industry PE | 117.77x |
Median industry PE | 49.18x |
Average industry PE | 42.33x |
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