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NOCIL
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOCIL is 30.46.

Share Price ₹256.9Nov 21,2024
Market Cap ₹4,286.8 Cr
Earnings-TTM₹140.7 CrTTM-Consolidated Results
Price/Earnings30.46xCalculated 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 [ ₹4,286.8 Cr] as on Nov 21,2024

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

(=) P/E Ratio [ 30.46x ]

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 30.46 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 30.46x.

- 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 140.7330.464,286.8
PIDILITE INDUSTRIES LTD1,930.5577.40149,420.0
SOLAR INDUSTRIES INDIA LTD1,060.5785.0490,193.2
SRF LTD1,129.2856.2363,501.6
GUJARAT FLUOROCHEMICALS LTD410.06102.7042,112.1
DEEPAK NITRITE LTD852.6141.9235,738.4
TATA CHEMICALS LTD-351.00-75.8026,606.8
GODREJ INDUSTRIES LTD1,358.8124.8033,703.8
AARTI INDUSTRIES LTD445.0034.6815,430.6
ATUL LTD370.5157.6421,354.8
VINATI ORGANICS LTD369.6050.1718,543.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -75.80x
Max industry PE 102.70x
Median industry PE 50.17x
Average industry PE 44.11x



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