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MYSORE PETRO CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MYSORE PETRO CHEMICALS is -31.78.

Share Price ₹139.8Jan 28,2025
Market Cap ₹92.2 Cr
Earnings-TTM₹-2.9 CrTTM-Consolidated Results
Price/Earnings-31.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MYSORE PETRO CHEMICALS

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 MYSORE PETRO CHEMICALS is calculated as :

Current Market Cap [ ₹92.2 Cr] as on Jan 28,2025

(/) Earnings [ ₹-2.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -31.78x ]

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

Thus, for MYSORE PETRO CHEMICALS , the investors are currently willing to pay -31.78 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 MYSORE PETRO CHEMICALS !

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 MYSORE PETRO CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of MYSORE PETRO CHEMICALS


PE Ratio Performance Analysis for MYSORE PETRO CHEMICALS

- MYSORE PETRO CHEMICALS 's latest p/e ratio is -31.78x.

- MYSORE PETRO CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.05x.

- MYSORE PETRO CHEMICALS 's operated at median p/e ratio of 3.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MYSORE PETRO CHEMICALS 's p/e ratio peaked in Mar2024 at 15.5x.

- MYSORE PETRO CHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MYSORE PETRO CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MYSORE PETRO CHEMICALS -2.90-31.7892.2
PIDILITE INDUSTRIES LTD1,977.4073.67145,669.0
SOLAR INDUSTRIES INDIA LTD1,060.5778.9583,727.3
SRF LTD1,129.2868.2577,070.5
GUJARAT FLUOROCHEMICALS LTD410.0689.5836,734.4
DEEPAK NITRITE LTD852.6135.0829,912.4
TATA CHEMICALS LTD-351.00-68.3223,981.5
GODREJ INDUSTRIES LTD1,358.8120.6428,051.4
AARTI INDUSTRIES LTD445.0033.4414,879.6
ATUL LTD414.3744.2718,342.4
VINATI ORGANICS LTD369.6044.9116,598.4

Chemicals Industry Benchmark (Top 10) PE Analysis vs MYSORE PETRO CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -68.32x
Max industry PE 89.58x
Median industry PE 44.27x
Average industry PE 35.33x



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