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KANORIA CHEMICALS & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KANORIA CHEMICALS & INDUSTRIES is -7.02.

Share Price ₹114.7Dec 27,2024
Market Cap ₹501.0 Cr
Earnings-TTM₹-71.4 CrTTM-Consolidated Results
Price/Earnings-7.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KANORIA CHEMICALS & INDUSTRIES

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 KANORIA CHEMICALS & INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is -7.02x.

- 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 RatioMarket Cap
KANORIA CHEMICALS & INDUSTRIES -71.39-7.02501.0
PIDILITE INDUSTRIES LTD1,930.5576.70148,067.0
SOLAR INDUSTRIES INDIA LTD1,060.5786.8192,067.3
SRF LTD1,129.2859.3266,990.5
GUJARAT FLUOROCHEMICALS LTD410.06117.7748,294.4
DEEPAK NITRITE LTD852.6141.2735,186.7
TATA CHEMICALS LTD-351.00-75.9826,667.9
GODREJ INDUSTRIES LTD1,358.8128.0038,047.9
AARTI INDUSTRIES LTD445.0033.5114,912.3
ATUL LTD370.5156.1220,791.9
VINATI ORGANICS LTD369.6049.1818,176.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs KANORIA CHEMICALS & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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