PODDAR PIGMENTS
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The Current P/E Ratio of PODDAR PIGMENTS is 13.24.
Share Price | ₹357.3 | Nov 21,2024 |
Market Cap | ₹378.7 Cr | |
Earnings-TTM | ₹28.6 Cr | TTM-Standalone Results |
Price/Earnings | 13.24x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PODDAR PIGMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PODDAR PIGMENTS | 28.61 | 13.24 | 378.7 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 131.96 | 47.93 | 6,325.3 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 37.84 | 63.27 | 2,394.1 |
KIRI INDUSTRIES LTD | -60.88 | -53.94 | 3,283.5 |
BODAL CHEMICALS LTD | 1.60 | 558.99 | 893.8 |
BHAGERIA INDUSTRIES LTD | 26.79 | 32.38 | 867.7 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 46.88 | 18.75 | 879.1 |
ASAHI SONGWON COLORS LTD | 6.46 | 67.36 | 435.1 |
DYNEMIC PRODUCTS LTD | 11.96 | 45.24 | 541.1 |
VIPUL ORGANICS LTD | 4.06 | 81.97 | 332.8 |
AKSHARCHEM (INDIA) LTD | -3.50 | -66.29 | 232.2 |
Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs PODDAR PIGMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -66.29x |
Max industry PE | 558.99x |
Median industry PE | 45.24x |
Average industry PE | 73.54x |
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