PAR DRUGS AND CHEMICALS
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The Current P/E Ratio of PAR DRUGS AND CHEMICALS is 19.48.
Share Price | ₹289.4 | Nov 19,2024 |
Market Cap | ₹355.9 Cr | |
Earnings-TTM | ₹18.3 Cr | TTM-Standalone Results |
Price/Earnings | 19.48x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PAR DRUGS AND CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PAR DRUGS AND CHEMICALS | 18.27 | 19.48 | 355.9 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 79.06 | 152,637.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 85.17 | 90,324.0 |
SRF LTD | 1,129.28 | 57.71 | 65,174.9 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 102.70 | 42,112.1 |
DEEPAK NITRITE LTD | 852.61 | 41.92 | 35,738.4 |
TATA CHEMICALS LTD | -351.00 | -77.49 | 27,200.3 |
GODREJ INDUSTRIES LTD | 1,358.81 | 24.80 | 33,703.8 |
AARTI INDUSTRIES LTD | 445.00 | 34.68 | 15,430.6 |
ATUL LTD | 370.51 | 57.64 | 21,354.8 |
VINATI ORGANICS LTD | 369.60 | 49.70 | 18,371.1 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs PAR DRUGS AND CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE 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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