Home > PE Ratio > MEGHMANI ORGANICS

MEGHMANI ORGANICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MEGHMANI ORGANICS is -30.30.

Share Price ₹105.2Sep 06,2024
Market Cap ₹2,675.2 Cr
Earnings-TTM₹-88.3 CrTTM-Consolidated Results
Price/Earnings-30.30xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for MEGHMANI ORGANICS
Please provide your vote to see the results
MEGHMANI ORGANICS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of MEGHMANI ORGANICS

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 MEGHMANI ORGANICS is calculated as :

Current Market Cap [ ₹2,675.2 Cr] as on Sep 06,2024

(/) Earnings [ ₹-88.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -30.30x ]

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

Thus, for MEGHMANI ORGANICS , the investors are currently willing to pay -30.30 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 latest p/e ratio is -30.30x.

- 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 RatioMarket Cap
MEGHMANI ORGANICS -88.29-30.302,675.2
PIDILITE INDUSTRIES LTD1,848.9189.03164,600.0
SOLAR INDUSTRIES INDIA LTD971.66102.4499,541.3
SRF LTD1,228.6460.5574,396.7
GUJARAT FLUOROCHEMICALS LTD341.80122.4341,846.3
DEEPAK NITRITE LTD863.4846.2939,967.9
TATA CHEMICALS LTD-67.00-401.7726,918.8
GODREJ INDUSTRIES LTD1,081.9237.7240,807.6
AARTI INDUSTRIES LTD484.0045.3021,926.8
ATUL LTD323.1271.8823,225.4
VINATI ORGANICS LTD349.4157.2319,996.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -401.77x
Max industry PE 122.43x
Median industry PE 57.23x
Average industry PE 18.25x



You may also like the below Video Courses