PIDILITE INDUSTRIES
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The Current P/E Ratio of PIDILITE INDUSTRIES is 86.68.
Share Price | ₹2,984.9 | May 17,2024 |
Market Cap | ₹151,812.0 Cr | |
Earnings-TTM | ₹1,751.5 Cr | TTM-Consolidated Results |
Price/Earnings | 86.68x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of PIDILITE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹151,812.0 Cr] as on May 17,2024
(/) Earnings [ ₹1,751.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 86.68x ]
Thus, for PIDILITE INDUSTRIES , the investors are currently willing to pay 86.68 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 PIDILITE INDUSTRIES !
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 PIDILITE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of PIDILITE INDUSTRIES
PE Ratio Performance Analysis for PIDILITE INDUSTRIES
- PIDILITE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 81.72x.
- PIDILITE INDUSTRIES 's operated at median p/e ratio of 81.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PIDILITE INDUSTRIES 's p/e ratio peaked in Mar2022 at 103.35x.
- PIDILITE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 61.74x.
How does PIDILITE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PIDILITE INDUSTRIES | 1,751.47 | 86.68 | 151,812.0 |
SOLAR INDUSTRIES INDIA LTD | 874.88 | 92.90 | 81,277.3 |
SRF LTD | 1,335.71 | 50.59 | 67,578.9 |
GUJARAT FLUOROCHEMICALS LTD | 434.95 | 81.78 | 35,571.1 |
DEEPAK NITRITE LTD | 790.87 | 42.64 | 33,724.5 |
TATA CHEMICALS LTD | 381.00 | 72.49 | 27,618.1 |
GODREJ INDUSTRIES LTD | 648.43 | 41.28 | 26,770.3 |
AARTI INDUSTRIES LTD | 417.00 | 54.63 | 22,779.8 |
ATUL LTD | 314.42 | 56.24 | 17,682.7 |
VINATI ORGANICS LTD | 348.48 | 48.26 | 16,816.1 |
HIMADRI SPECIALITY CHEMICAL LTD | 410.68 | 41.90 | 17,205.7 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs PIDILITE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 41.28x |
Max industry PE | 92.90x |
Median industry PE | 54.63x |
Average industry PE | 60.85x |
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