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NOCIL
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOCIL is 29.06.

Share Price ₹244.9Dec 24,2024
Market Cap ₹4,089.0 Cr
Earnings-TTM₹140.7 CrTTM-Consolidated Results
Price/Earnings29.06xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NOCIL

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 NOCIL is calculated as :

Current Market Cap [ ₹4,089.0 Cr] as on Dec 24,2024

(/) Earnings [ ₹140.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.06x ]

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

Thus, for NOCIL , the investors are currently willing to pay 29.06 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 NOCIL !

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 NOCIL over the last five years.

Historical PE (Price/Earnings) ratio chart of NOCIL


PE Ratio Performance Analysis for NOCIL

- NOCIL 's latest p/e ratio is 29.06x.

- NOCIL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.81x.

- NOCIL 's operated at median p/e ratio of 23.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NOCIL 's p/e ratio peaked in Mar2021 at 32.83x.

- NOCIL 's p/e ratio hit its five-year low in Mar2020 of 8.34x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NOCIL 140.7329.064,089.0
PIDILITE INDUSTRIES LTD1,930.5578.24151,055.0
SOLAR INDUSTRIES INDIA LTD1,060.5786.8492,098.1
SRF LTD1,129.2859.7367,451.5
GUJARAT FLUOROCHEMICALS LTD410.06116.3947,726.0
DEEPAK NITRITE LTD852.6141.5435,413.8
TATA CHEMICALS LTD-351.00-77.4627,190.1
GODREJ INDUSTRIES LTD1,358.8127.8837,881.2
AARTI INDUSTRIES LTD445.0033.8515,064.5
ATUL LTD370.5156.0220,756.6
VINATI ORGANICS LTD369.6047.4117,521.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -77.46x
Max industry PE 116.39x
Median industry PE 47.41x
Average industry PE 45.41x



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