KANORIA CHEMICALS & INDUSTRIES
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The Current P/E Ratio of KANORIA CHEMICALS & INDUSTRIES is -6.81.
Share Price | ₹111.2 | Jan 08,2025 |
Market Cap | ₹485.9 Cr | |
Earnings-TTM | ₹-71.4 Cr | TTM-Consolidated Results |
Price/Earnings | -6.81x | 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 [ ₹485.9 Cr] as on Jan 08,2025
(/) Earnings [ ₹-71.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -6.81x ]
Thus, for KANORIA CHEMICALS & INDUSTRIES , the investors are currently willing to pay -6.81 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 | -6.81 | 485.9 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 76.63 | 147,947.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 82.10 | 87,074.5 |
SRF LTD | 1,129.28 | 61.71 | 69,686.5 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 104.60 | 42,894.2 |
DEEPAK NITRITE LTD | 852.61 | 38.97 | 33,227.4 |
TATA CHEMICALS LTD | -351.00 | -72.85 | 25,571.2 |
GODREJ INDUSTRIES LTD | 1,358.81 | 25.84 | 35,118.2 |
AARTI INDUSTRIES LTD | 445.00 | 32.43 | 14,431.9 |
ATUL LTD | 370.51 | 54.54 | 20,207.8 |
VINATI ORGANICS LTD | 369.60 | 47.75 | 17,648.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs KANORIA CHEMICALS & INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -72.85x |
Max industry PE | 104.60x |
Median industry PE | 47.75x |
Average industry PE | 40.45x |
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