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PRIMO CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRIMO CHEMICALS is -107.05.

Share Price ₹31.0Feb 07,2025
Market Cap ₹750.6 Cr
Earnings-TTM₹-7.0 CrTTM-Consolidated Results
Price/Earnings-107.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRIMO CHEMICALS

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 PRIMO CHEMICALS is calculated as :

Current Market Cap [ ₹750.6 Cr] as on Feb 07,2025

(/) Earnings [ ₹-7.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -107.05x ]

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

Thus, for PRIMO CHEMICALS , the investors are currently willing to pay -107.05 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 PRIMO CHEMICALS !

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 PRIMO CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of PRIMO CHEMICALS


PE Ratio Performance Analysis for PRIMO CHEMICALS

- PRIMO CHEMICALS 's latest p/e ratio is -107.05x.

- PRIMO CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Jun2003 averaged 11.26x.

- PRIMO CHEMICALS 's operated at median p/e ratio of 6.73x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRIMO CHEMICALS 's p/e ratio peaked in Mar2022 at 35.28x.

- PRIMO CHEMICALS 's p/e ratio hit its five-year low in Mar2024 of 0x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRIMO CHEMICALS -7.01-107.05750.6
PIDILITE INDUSTRIES LTD1,977.4073.84146,014.0
SOLAR INDUSTRIES INDIA LTD1,173.8469.9982,156.4
SRF LTD1,146.9374.4785,414.8
GUJARAT FLUOROCHEMICALS LTD455.9789.1740,658.8
DEEPAK NITRITE LTD852.6137.6532,104.2
TATA CHEMICALS LTD-538.00-44.0923,722.9
GODREJ INDUSTRIES LTD1,358.8121.9029,758.8
AARTI INDUSTRIES LTD367.0045.9516,862.6
ATUL LTD414.3743.3717,969.5
VINATI ORGANICS LTD386.3646.6018,006.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -107.05x
Max industry PE 89.17x
Median industry PE 45.95x
Average industry PE 31.98x



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