Home > PE Ratio > PODDAR PIGMENTS

PODDAR PIGMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PODDAR PIGMENTS is 13.24.

Share Price ₹357.3Nov 21,2024
Market Cap ₹378.7 Cr
Earnings-TTM₹28.6 CrTTM-Standalone Results
Price/Earnings13.24xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for PODDAR PIGMENTS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of PODDAR PIGMENTS

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 PODDAR PIGMENTS is calculated as :

Current Market Cap [ ₹378.7 Cr] as on Nov 21,2024

(/) Earnings [ ₹28.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.24x ]

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

Thus, for PODDAR PIGMENTS , the investors are currently willing to pay 13.24 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 PODDAR PIGMENTS !

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 PODDAR PIGMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of PODDAR PIGMENTS


PE Ratio Performance Analysis for PODDAR PIGMENTS

- PODDAR PIGMENTS 's latest p/e ratio is 13.24x.

- PODDAR PIGMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.29x.

- PODDAR PIGMENTS 's operated at median p/e ratio of 9.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PODDAR PIGMENTS 's p/e ratio peaked in Mar2022 at 14.84x.

- PODDAR PIGMENTS 's p/e ratio hit its five-year low in Mar2020 of 5.71x.


How does PODDAR PIGMENTS 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PODDAR PIGMENTS 28.6113.24378.7
SUDARSHAN CHEMICAL INDUSTRIES LTD131.9647.936,325.3
VIDHI SPECIALTY FOOD INGREDIENTS LTD37.8463.272,394.1
KIRI INDUSTRIES LTD-60.88-53.943,283.5
BODAL CHEMICALS LTD1.60558.99893.8
BHAGERIA INDUSTRIES LTD26.7932.38867.7
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD46.8818.75879.1
ASAHI SONGWON COLORS LTD6.4667.36435.1
DYNEMIC PRODUCTS LTD11.9645.24541.1
VIPUL ORGANICS LTD4.0681.97332.8
AKSHARCHEM (INDIA) LTD-3.50-66.29232.2

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs PODDAR PIGMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -66.29x
Max industry PE 558.99x
Median industry PE 45.24x
Average industry PE 73.54x



You may also like the below Video Courses