NIKHIL ADHESIVES
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The Current P/E Ratio of NIKHIL ADHESIVES is 24.80.
Share Price | ₹88.6 | Mar 13,2025 |
Market Cap | ₹406.8 Cr | |
Earnings-TTM | ₹16.4 Cr | TTM-Standalone Results |
Price/Earnings | 24.80x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NIKHIL ADHESIVES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹406.8 Cr] as on Mar 13,2025
(/) Earnings [ ₹16.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.80x ]
Thus, for NIKHIL ADHESIVES , the investors are currently willing to pay 24.80 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 NIKHIL ADHESIVES !
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 NIKHIL ADHESIVES over the last five years.
Historical PE (Price/Earnings) ratio chart of NIKHIL ADHESIVES
PE Ratio Performance Analysis for NIKHIL ADHESIVES
- NIKHIL ADHESIVES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.47x.
- NIKHIL ADHESIVES 's operated at median p/e ratio of 1.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIKHIL ADHESIVES 's p/e ratio peaked in Mar2024 at 43.03x.
- NIKHIL ADHESIVES 's p/e ratio hit its five-year low in Mar2020 of 0.64x.
How does NIKHIL ADHESIVES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NIKHIL ADHESIVES | 16.40 | 24.80 | 406.8 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 70.27 | 138,952.0 |
SRF LTD | 1,146.93 | 76.15 | 87,338.6 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 77.84 | 91,370.1 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 92.43 | 42,146.7 |
GODREJ INDUSTRIES LTD | 1,519.02 | 25.48 | 38,709.6 |
DEEPAK NITRITE LTD | 748.70 | 35.48 | 26,561.2 |
TATA CHEMICALS LTD | -538.00 | -37.69 | 20,279.9 |
HIMADRI SPECIALITY CHEMICAL LTD | 514.81 | 38.49 | 19,815.5 |
NAVIN FLUORINE INTERNATIONAL LTD | 264.00 | 77.59 | 20,483.2 |
VINATI ORGANICS LTD | 386.36 | 41.65 | 16,090.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NIKHIL ADHESIVES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -37.69x |
Max industry PE | 92.43x |
Median industry PE | 41.65x |
Average industry PE | 47.50x |
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