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NEOGEN CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NEOGEN CHEMICALS is 106.51.

Share Price ₹1,985.0Feb 01,2025
Market Cap ₹5,240.4 Cr
Earnings-TTM₹49.2 CrTTM-Consolidated Results
Price/Earnings106.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NEOGEN 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 NEOGEN CHEMICALS is calculated as :

Current Market Cap [ ₹5,240.4 Cr] as on Feb 01,2025

(/) Earnings [ ₹49.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 106.51x ]

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

Thus, for NEOGEN CHEMICALS , the investors are currently willing to pay 106.51 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 NEOGEN 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 NEOGEN CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of NEOGEN CHEMICALS


PE Ratio Performance Analysis for NEOGEN CHEMICALS

- NEOGEN CHEMICALS 's latest p/e ratio is 106.51x.

- NEOGEN CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 68.55x.

- NEOGEN CHEMICALS 's operated at median p/e ratio of 64.36x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NEOGEN CHEMICALS 's p/e ratio peaked in Mar2022 at 97.51x.

- NEOGEN CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 28.59x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NEOGEN CHEMICALS 49.20106.515,240.4
PIDILITE INDUSTRIES LTD1,977.4075.84149,962.0
SOLAR INDUSTRIES INDIA LTD1,060.5786.0891,290.4
SRF LTD1,146.9373.0583,786.0
GUJARAT FLUOROCHEMICALS LTD455.9786.0239,222.5
DEEPAK NITRITE LTD852.6137.2131,728.4
TATA CHEMICALS LTD-351.00-70.0024,570.0
GODREJ INDUSTRIES LTD1,358.8122.8431,038.4
AARTI INDUSTRIES LTD367.0045.4016,661.4
ATUL LTD414.3744.1218,283.6
VINATI ORGANICS LTD386.3646.6818,035.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -70.00x
Max industry PE 106.51x
Median industry PE 46.68x
Average industry PE 50.34x



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