KELTECH ENERGIES
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The Current P/E Ratio of KELTECH ENERGIES is 18.26.
| Share Price | ₹3,885.2 | Sep 06,2024 |
| Market Cap | ₹388.5 Cr | |
| Earnings-TTM | ₹21.3 Cr | TTM-Standalone Results |
| Price/Earnings | 18.26x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of KELTECH ENERGIES
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)
Current Market Cap [ ₹388.5 Cr] as on Sep 06,2024
(/) Earnings [ ₹21.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.26x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for KELTECH ENERGIES , the investors are currently willing to pay 18.26 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 KELTECH ENERGIES !
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 KELTECH ENERGIES over the last five years.
Thus, for KELTECH ENERGIES , the investors are currently willing to pay 18.26 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 KELTECH ENERGIES !
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 KELTECH ENERGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of KELTECH ENERGIES
PE Ratio Performance Analysis for KELTECH ENERGIES
- KELTECH ENERGIES 's latest p/e ratio is 18.26x.
- KELTECH ENERGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.06x.
- KELTECH ENERGIES 's operated at median p/e ratio of 9.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KELTECH ENERGIES 's p/e ratio peaked in Mar2021 at 26.52x.
- KELTECH ENERGIES 's p/e ratio hit its five-year low in Mar2023 of 7.2x.
- KELTECH ENERGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.06x.
- KELTECH ENERGIES 's operated at median p/e ratio of 9.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KELTECH ENERGIES 's p/e ratio peaked in Mar2021 at 26.52x.
- KELTECH ENERGIES 's p/e ratio hit its five-year low in Mar2023 of 7.2x.
How does KELTECH ENERGIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
| Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| KELTECH ENERGIES | 21.28 | 18.26 | 388.5 |
| PIDILITE INDUSTRIES LTD | 1,848.91 | 89.03 | 164,600.0 |
| SOLAR INDUSTRIES INDIA LTD | 971.66 | 102.44 | 99,541.3 |
| SRF LTD | 1,228.64 | 60.55 | 74,396.7 |
| GUJARAT FLUOROCHEMICALS LTD | 341.80 | 122.43 | 41,846.3 |
| DEEPAK NITRITE LTD | 863.48 | 46.29 | 39,967.9 |
| TATA CHEMICALS LTD | -67.00 | -401.77 | 26,918.8 |
| GODREJ INDUSTRIES LTD | 1,081.92 | 37.72 | 40,807.6 |
| AARTI INDUSTRIES LTD | 484.00 | 45.30 | 21,926.8 |
| ATUL LTD | 323.12 | 71.88 | 23,225.4 |
| VINATI ORGANICS LTD | 349.41 | 57.23 | 19,996.1 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs KELTECH ENERGIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -401.77x |
| Max industry PE | 122.43x |
| Median industry PE | 57.23x |
| Average industry PE | 22.67x |
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