ORIENTAL CARBON & CHEMICALS
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The Current P/E Ratio of ORIENTAL CARBON & CHEMICALS is 9.33.
Share Price | ₹230.2 | Nov 18,2024 |
Market Cap | ₹230.2 Cr | |
Earnings-TTM | ₹24.7 Cr | TTM-Consolidated Results |
Price/Earnings | 9.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ORIENTAL CARBON & CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹230.2 Cr] as on Nov 18,2024
(/) Earnings [ ₹24.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.33x ]
Thus, for ORIENTAL CARBON & CHEMICALS , the investors are currently willing to pay 9.33 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 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 Ratio | Market Cap |
---|---|---|---|
ORIENTAL CARBON & CHEMICALS | 24.67 | 9.33 | 230.2 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 79.51 | 153,489.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 83.13 | 88,168.1 |
SRF LTD | 1,129.28 | 57.20 | 64,599.9 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 106.71 | 43,758.8 |
DEEPAK NITRITE LTD | 852.61 | 41.06 | 35,010.1 |
TATA CHEMICALS LTD | -351.00 | -76.84 | 26,972.3 |
GODREJ INDUSTRIES LTD | 1,358.81 | 25.52 | 34,672.0 |
AARTI INDUSTRIES LTD | 445.00 | 35.13 | 15,631.8 |
ATUL LTD | 370.51 | 56.96 | 21,106.1 |
VINATI ORGANICS LTD | 369.60 | 49.45 | 18,277.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs ORIENTAL CARBON & CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -76.84x |
Max industry PE | 106.71x |
Median industry PE | 49.45x |
Average industry PE | 42.47x |
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