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ORIENTAL CARBON & CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ORIENTAL CARBON & CHEMICALS is 9.35.

Share Price ₹230.6Nov 14,2024
Market Cap ₹230.6 Cr
Earnings-TTM₹24.7 CrTTM-Consolidated Results
Price/Earnings9.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ORIENTAL CARBON & 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 ORIENTAL CARBON & CHEMICALS is calculated as :

Current Market Cap [ ₹230.6 Cr] as on Nov 14,2024

(/) Earnings [ ₹24.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.35x ]

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

Thus, for ORIENTAL CARBON & CHEMICALS , the investors are currently willing to pay 9.35 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 ORIENTAL CARBON & 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 ORIENTAL CARBON & CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of ORIENTAL CARBON & CHEMICALS


PE Ratio Performance Analysis for ORIENTAL CARBON & CHEMICALS

- ORIENTAL CARBON & CHEMICALS 's latest p/e ratio is 9.35x.

- ORIENTAL CARBON & CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.16x.

- ORIENTAL CARBON & CHEMICALS 's operated at median p/e ratio of 13.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENTAL CARBON & CHEMICALS 's p/e ratio peaked in Mar2022 at 18.57x.

- ORIENTAL CARBON & CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 7.64x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ORIENTAL CARBON & CHEMICALS 24.679.35230.6
PIDILITE INDUSTRIES LTD1,930.5579.60153,678.0
SOLAR INDUSTRIES INDIA LTD1,060.5785.2590,418.6
SRF LTD1,129.2858.7066,285.0
GUJARAT FLUOROCHEMICALS LTD410.06109.8345,036.9
DEEPAK NITRITE LTD852.6142.1735,958.0
TATA CHEMICALS LTD-351.00-76.8326,967.2
GODREJ INDUSTRIES LTD1,358.8123.0131,270.8
AARTI INDUSTRIES LTD445.0035.6915,883.8
ATUL LTD370.5158.0121,493.2
VINATI ORGANICS LTD369.6051.4819,028.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -76.83x
Max industry PE 109.83x
Median industry PE 51.48x
Average industry PE 43.30x



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