MEGHMANI ORGANICS
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The Current P/E Ratio of MEGHMANI ORGANICS is -22.68.
Share Price | ₹73.3 | Jan 27,2025 |
Market Cap | ₹1,865.0 Cr | |
Earnings-TTM | ₹-82.2 Cr | TTM-Consolidated Results |
Price/Earnings | -22.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MEGHMANI ORGANICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,865.0 Cr] as on Jan 27,2025
(/) Earnings [ ₹-82.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -22.68x ]
Thus, for MEGHMANI ORGANICS , the investors are currently willing to pay -22.68 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 MEGHMANI ORGANICS !
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 MEGHMANI ORGANICS over the last five years.
Historical PE (Price/Earnings) ratio chart of MEGHMANI ORGANICS
PE Ratio Performance Analysis for MEGHMANI ORGANICS
- MEGHMANI ORGANICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.40x.
- MEGHMANI ORGANICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MEGHMANI ORGANICS 's p/e ratio peaked in Mar2022 at 8.71x.
- MEGHMANI ORGANICS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does MEGHMANI ORGANICS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MEGHMANI ORGANICS | -82.22 | -22.68 | 1,865.0 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 73.78 | 145,887.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 79.35 | 84,159.8 |
SRF LTD | 1,129.28 | 67.45 | 76,170.8 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 94.69 | 38,830.3 |
DEEPAK NITRITE LTD | 852.61 | 35.45 | 30,224.7 |
TATA CHEMICALS LTD | -351.00 | -68.53 | 24,052.8 |
GODREJ INDUSTRIES LTD | 1,358.81 | 20.79 | 28,245.1 |
AARTI INDUSTRIES LTD | 445.00 | 34.10 | 15,175.1 |
ATUL LTD | 414.37 | 44.98 | 18,637.7 |
VINATI ORGANICS LTD | 369.60 | 46.71 | 17,264.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs MEGHMANI ORGANICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -68.53x |
Max industry PE | 94.69x |
Median industry PE | 44.98x |
Average industry PE | 36.92x |
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