PRIMO CHEMICALS
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The Current P/E Ratio of PRIMO CHEMICALS is -107.05.
Share Price | ₹31.0 | Feb 07,2025 |
Market Cap | ₹750.6 Cr | |
Earnings-TTM | ₹-7.0 Cr | TTM-Consolidated Results |
Price/Earnings | -107.05x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRIMO CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PRIMO CHEMICALS | -7.01 | -107.05 | 750.6 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 73.84 | 146,014.0 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 69.99 | 82,156.4 |
SRF LTD | 1,146.93 | 74.47 | 85,414.8 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 89.17 | 40,658.8 |
DEEPAK NITRITE LTD | 852.61 | 37.65 | 32,104.2 |
TATA CHEMICALS LTD | -538.00 | -44.09 | 23,722.9 |
GODREJ INDUSTRIES LTD | 1,358.81 | 21.90 | 29,758.8 |
AARTI INDUSTRIES LTD | 367.00 | 45.95 | 16,862.6 |
ATUL LTD | 414.37 | 43.37 | 17,969.5 |
VINATI ORGANICS LTD | 386.36 | 46.60 | 18,006.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs PRIMO CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE 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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