MANALI PETROCHEMICALS
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The Current P/E Ratio of MANALI PETROCHEMICALS is 65.31.
Share Price | ₹66.3 | Dec 03,2024 |
Market Cap | ₹1,140.4 Cr | |
Earnings-TTM | ₹17.5 Cr | TTM-Consolidated Results |
Price/Earnings | 65.31x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MANALI PETROCHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MANALI PETROCHEMICALS | 17.46 | 65.31 | 1,140.4 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 82.89 | 160,025.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 89.16 | 94,562.1 |
SRF LTD | 1,129.28 | 60.66 | 68,506.7 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 108.56 | 44,515.6 |
DEEPAK NITRITE LTD | 852.61 | 42.02 | 35,829.8 |
TATA CHEMICALS LTD | -351.00 | -82.45 | 28,941.6 |
GODREJ INDUSTRIES LTD | 1,358.81 | 26.86 | 36,498.9 |
AARTI INDUSTRIES LTD | 445.00 | 36.26 | 16,137.5 |
ATUL LTD | 370.51 | 58.76 | 21,772.3 |
VINATI ORGANICS LTD | 369.60 | 52.82 | 19,521.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs MANALI PETROCHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE 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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