PIDILITE INDUSTRIES
|
The Current P/E Ratio of PIDILITE INDUSTRIES is 79.06.
Share Price | ₹3,001.1 | Nov 19,2024 |
Market Cap | ₹152,633.4 Cr | |
Earnings-TTM | ₹1,930.6 Cr | TTM-Consolidated Results |
Price/Earnings | 79.06x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
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 [ ₹152,633.4 Cr] as on Nov 19,2024
(/) Earnings [ ₹1,930.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 79.06x ]
Thus, for PIDILITE INDUSTRIES , the investors are currently willing to pay 79.06 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 Mar2024 to Mar2020 averaged 85.81x.
- PIDILITE INDUSTRIES 's operated at median p/e ratio of 88.66x 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 | 1,930.55 | 79.06 | 152,633.4 |
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 | 104.27 | 42,757.5 |
DEEPAK NITRITE LTD | 852.61 | 42.75 | 36,449.0 |
TATA CHEMICALS LTD | -351.00 | -77.49 | 27,200.3 |
GODREJ INDUSTRIES LTD | 1,358.81 | 25.46 | 34,596.2 |
AARTI INDUSTRIES LTD | 445.00 | 35.42 | 15,762.3 |
ATUL LTD | 370.51 | 57.90 | 21,451.4 |
VINATI ORGANICS LTD | 369.60 | 49.70 | 18,371.1 |
HIMADRI SPECIALITY CHEMICAL LTD | 482.44 | 50.41 | 24,321.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs PIDILITE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.49x |
Max industry PE | 104.27x |
Median industry PE | 50.41x |
Average industry PE | 46.40x |
You may also like the below Video Courses