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MITSU CHEM PLAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of MITSU CHEM PLAST is 16.67.

Share Price ₹101.0Jan 28,2025
Market Cap ₹137.4 Cr
Earnings-TTM₹8.2 CrTTM-Standalone Results
Price/Earnings16.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MITSU CHEM PLAST

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 MITSU CHEM PLAST is calculated as :

Current Market Cap [ ₹137.4 Cr] as on Jan 28,2025

(/) Earnings [ ₹8.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.67x ]

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

Thus, for MITSU CHEM PLAST , the investors are currently willing to pay 16.67 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 MITSU CHEM PLAST !

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 MITSU CHEM PLAST over the last five years.

Historical PE (Price/Earnings) ratio chart of MITSU CHEM PLAST


PE Ratio Performance Analysis for MITSU CHEM PLAST

- MITSU CHEM PLAST 's latest p/e ratio is 16.67x.

- MITSU CHEM PLAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.29x.

- MITSU CHEM PLAST 's operated at median p/e ratio of 20.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MITSU CHEM PLAST 's p/e ratio peaked in Mar2022 at 26.32x.

- MITSU CHEM PLAST 's p/e ratio hit its five-year low in Mar2021 of 13.71x.


How does MITSU CHEM PLAST 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MITSU CHEM PLAST 8.2416.67137.4
ASTRAL LTD522.9075.5839,520.2
SUPREME INDUSTRIES LTD893.7751.4345,965.3
FINOLEX INDUSTRIES LTD777.4415.9612,406.4
RESPONSIVE INDUSTRIES LTD188.2433.886,378.6
PRINCE PIPES AND FITTINGS LTD131.6630.103,962.5
EPL LTD256.6026.136,706.1
JAI CORP LTD67.8033.332,259.6
TIME TECHNOPLAST LTD367.6122.638,318.1
GARWARE HITECH FILMS LTD306.3026.097,992.3
JAIN IRRIGATION SYSTEMS LTD36.76125.554,615.4

Plastic Products Industry Benchmark (Top 10) PE Analysis vs MITSU CHEM PLAST 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.96x
Max industry PE 125.55x
Median industry PE 30.10x
Average industry PE 41.58x



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