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LAXMI ORGANIC INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of LAXMI ORGANIC INDUSTRIES is 50.23.

Share Price ₹242.9Dec 20,2024
Market Cap ₹6,726.9 Cr
Earnings-TTM₹133.9 CrTTM-Consolidated Results
Price/Earnings50.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LAXMI ORGANIC 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 LAXMI ORGANIC INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 50.23x.

- 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 RatioMarket Cap
LAXMI ORGANIC INDUSTRIES 133.9350.236,726.9
PIDILITE INDUSTRIES LTD1,930.5578.40151,358.0
SOLAR INDUSTRIES INDIA LTD1,060.5783.6788,732.7
SRF LTD1,129.2859.7667,490.0
GUJARAT FLUOROCHEMICALS LTD410.06115.7547,464.0
DEEPAK NITRITE LTD852.6141.5335,407.6
TATA CHEMICALS LTD-351.00-74.6326,195.3
GODREJ INDUSTRIES LTD1,358.8127.7437,692.7
AARTI INDUSTRIES LTD445.0032.9014,642.2
ATUL LTD370.5155.8320,686.5
VINATI ORGANICS LTD369.6047.9517,721.1

Chemicals Industry Benchmark (Top 10) PE Analysis vs LAXMI ORGANIC INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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