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MANALI PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANALI PETROCHEMICALS is 65.31.

Share Price ₹66.3Dec 03,2024
Market Cap ₹1,140.4 Cr
Earnings-TTM₹17.5 CrTTM-Consolidated Results
Price/Earnings65.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANALI PETROCHEMICALS

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 MANALI PETROCHEMICALS is calculated as :

Current Market Cap [ ₹1,140.4 Cr] as on Dec 03,2024

(/) Earnings [ ₹17.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 65.31x ]

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

Thus, for MANALI PETROCHEMICALS , the investors are currently willing to pay 65.31 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 MANALI PETROCHEMICALS !

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 MANALI PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of MANALI PETROCHEMICALS


PE Ratio Performance Analysis for MANALI PETROCHEMICALS

- MANALI PETROCHEMICALS 's latest p/e ratio is 65.31x.

- MANALI PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.88x.

- MANALI PETROCHEMICALS 's operated at median p/e ratio of 5.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANALI PETROCHEMICALS 's p/e ratio peaked in Mar2024 at 50.32x.

- MANALI PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 3.72x.


How does MANALI PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MANALI PETROCHEMICALS 17.4665.311,140.4
PIDILITE INDUSTRIES LTD1,930.5582.89160,025.0
SOLAR INDUSTRIES INDIA LTD1,060.5789.1694,562.1
SRF LTD1,129.2860.6668,506.7
GUJARAT FLUOROCHEMICALS LTD410.06108.5644,515.6
DEEPAK NITRITE LTD852.6142.0235,829.8
TATA CHEMICALS LTD-351.00-82.4528,941.6
GODREJ INDUSTRIES LTD1,358.8126.8636,498.9
AARTI INDUSTRIES LTD445.0036.2616,137.5
ATUL LTD370.5158.7621,772.3
VINATI ORGANICS LTD369.6052.8219,521.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs MANALI PETROCHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -82.45x
Max industry PE 108.56x
Median industry PE 58.76x
Average industry PE 49.17x



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