NEOGEN CHEMICALS
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The Current P/E Ratio of NEOGEN CHEMICALS is 91.94.
Share Price | ₹1,713.4 | Feb 21,2025 |
Market Cap | ₹4,523.2 Cr | |
Earnings-TTM | ₹49.2 Cr | TTM-Consolidated Results |
Price/Earnings | 91.94x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NEOGEN CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,523.2 Cr] as on Feb 21,2025
(/) Earnings [ ₹49.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 91.94x ]
Thus, for NEOGEN CHEMICALS , the investors are currently willing to pay 91.94 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 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 Ratio | Market Cap |
---|---|---|---|
NEOGEN CHEMICALS | 49.20 | 91.94 | 4,523.2 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 71.87 | 142,121.0 |
SRF LTD | 1,146.93 | 71.75 | 82,293.5 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 68.20 | 80,060.2 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 89.21 | 40,677.5 |
GODREJ INDUSTRIES LTD | 1,519.02 | 25.13 | 38,167.5 |
DEEPAK NITRITE LTD | 748.70 | 35.18 | 26,339.5 |
TATA CHEMICALS LTD | -538.00 | -40.02 | 21,532.0 |
HIMADRI SPECIALITY CHEMICAL LTD | 514.81 | 43.83 | 22,563.7 |
NAVIN FLUORINE INTERNATIONAL LTD | 264.00 | 75.80 | 20,011.3 |
VINATI ORGANICS LTD | 386.36 | 42.37 | 16,368.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NEOGEN CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -40.02x |
Max industry PE | 91.94x |
Median industry PE | 68.20x |
Average industry PE | 52.30x |
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