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PREMIER EXPLOSIVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PREMIER EXPLOSIVES is 94.66.

Share Price ₹426.7Jan 30,2025
Market Cap ₹2,295.4 Cr
Earnings-TTM₹24.2 CrTTM-Consolidated Results
Price/Earnings94.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PREMIER EXPLOSIVES

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 PREMIER EXPLOSIVES is calculated as :

Current Market Cap [ ₹2,295.4 Cr] as on Jan 30,2025

(/) Earnings [ ₹24.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 94.66x ]

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

Thus, for PREMIER EXPLOSIVES , the investors are currently willing to pay 94.66 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 PREMIER EXPLOSIVES !

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 PREMIER EXPLOSIVES over the last five years.

Historical PE (Price/Earnings) ratio chart of PREMIER EXPLOSIVES


PE Ratio Performance Analysis for PREMIER EXPLOSIVES

- PREMIER EXPLOSIVES 's latest p/e ratio is 94.66x.

- PREMIER EXPLOSIVES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.40x.

- PREMIER EXPLOSIVES 's operated at median p/e ratio of 11.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMIER EXPLOSIVES 's p/e ratio peaked in Mar2022 at 62.95x.

- PREMIER EXPLOSIVES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does PREMIER EXPLOSIVES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PREMIER EXPLOSIVES 24.2594.662,295.4
PIDILITE INDUSTRIES LTD1,977.4074.30146,912.0
SOLAR INDUSTRIES INDIA LTD1,060.5785.8591,052.5
SRF LTD1,146.9373.1483,880.8
GUJARAT FLUOROCHEMICALS LTD455.9786.5339,453.7
DEEPAK NITRITE LTD852.6136.3831,021.2
TATA CHEMICALS LTD-351.00-70.2424,652.8
GODREJ INDUSTRIES LTD1,358.8121.8629,704.9
AARTI INDUSTRIES LTD445.0035.6815,878.4
ATUL LTD414.3744.9618,631.6
VINATI ORGANICS LTD369.6046.0817,031.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs PREMIER EXPLOSIVES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -70.24x
Max industry PE 94.66x
Median industry PE 46.08x
Average industry PE 48.11x



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