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PAR DRUGS AND CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PAR DRUGS AND CHEMICALS is 19.48.

Share Price ₹289.4Nov 19,2024
Market Cap ₹355.9 Cr
Earnings-TTM₹18.3 CrTTM-Standalone Results
Price/Earnings19.48xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PAR DRUGS AND 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 PAR DRUGS AND CHEMICALS is calculated as :

Current Market Cap [ ₹355.9 Cr] as on Nov 19,2024

(/) Earnings [ ₹18.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 19.48x ]

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

Thus, for PAR DRUGS AND CHEMICALS , the investors are currently willing to pay 19.48 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 PAR DRUGS AND 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 PAR DRUGS AND CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of PAR DRUGS AND CHEMICALS


PE Ratio Performance Analysis for PAR DRUGS AND CHEMICALS

- PAR DRUGS AND CHEMICALS 's latest p/e ratio is 19.48x.

- PAR DRUGS AND CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.03x.

- PAR DRUGS AND CHEMICALS 's operated at median p/e ratio of 15.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PAR DRUGS AND CHEMICALS 's p/e ratio peaked in Mar2022 at 21.34x.

- PAR DRUGS AND CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 2.03x.


How does PAR DRUGS AND CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PAR DRUGS AND CHEMICALS 18.2719.48355.9
PIDILITE INDUSTRIES LTD1,930.5579.06152,637.0
SOLAR INDUSTRIES INDIA LTD1,060.5785.1790,324.0
SRF LTD1,129.2857.7165,174.9
GUJARAT FLUOROCHEMICALS LTD410.06102.7042,112.1
DEEPAK NITRITE LTD852.6141.9235,738.4
TATA CHEMICALS LTD-351.00-77.4927,200.3
GODREJ INDUSTRIES LTD1,358.8124.8033,703.8
AARTI INDUSTRIES LTD445.0034.6815,430.6
ATUL LTD370.5157.6421,354.8
VINATI ORGANICS LTD369.6049.7018,371.1

Chemicals Industry Benchmark (Top 10) PE Analysis vs PAR DRUGS AND CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -77.49x
Max industry PE 102.70x
Median industry PE 49.70x
Average industry PE 43.21x



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