LAXMI ORGANIC INDUSTRIES
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The Current P/E Ratio of LAXMI ORGANIC INDUSTRIES is 50.23.
Share Price | ₹242.9 | Dec 20,2024 |
Market Cap | ₹6,726.9 Cr | |
Earnings-TTM | ₹133.9 Cr | TTM-Consolidated Results |
Price/Earnings | 50.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LAXMI ORGANIC INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,726.9 Cr] as on Dec 20,2024
(/) Earnings [ ₹133.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 50.23x ]
Thus, for LAXMI ORGANIC INDUSTRIES , the investors are currently willing to pay 50.23 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 LAXMI ORGANIC 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 LAXMI ORGANIC INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of LAXMI ORGANIC INDUSTRIES
PE Ratio Performance Analysis for LAXMI ORGANIC INDUSTRIES
- LAXMI ORGANIC INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 35.68x.
- LAXMI ORGANIC INDUSTRIES 's operated at median p/e ratio of 40.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAXMI ORGANIC INDUSTRIES 's p/e ratio peaked in Mar2024 at 53.85x.
- LAXMI ORGANIC INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does LAXMI ORGANIC INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
LAXMI ORGANIC INDUSTRIES | 133.93 | 50.23 | 6,726.9 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 78.40 | 151,358.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 83.67 | 88,732.7 |
SRF LTD | 1,129.28 | 59.76 | 67,490.0 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 115.75 | 47,464.0 |
DEEPAK NITRITE LTD | 852.61 | 41.53 | 35,407.6 |
TATA CHEMICALS LTD | -351.00 | -74.63 | 26,195.3 |
GODREJ INDUSTRIES LTD | 1,358.81 | 27.74 | 37,692.7 |
AARTI INDUSTRIES LTD | 445.00 | 32.90 | 14,642.2 |
ATUL LTD | 370.51 | 55.83 | 20,686.5 |
VINATI ORGANICS LTD | 369.60 | 47.95 | 17,721.1 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs LAXMI ORGANIC INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -74.63x |
Max industry PE | 115.75x |
Median industry PE | 50.23x |
Average industry PE | 47.19x |
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