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RESONANCE SPECIALTIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RESONANCE SPECIALTIES is 28.04.

Share Price ₹98.2Dec 26,2024
Market Cap ₹112.9 Cr
Earnings-TTM₹4.0 CrTTM-Standalone Results
Price/Earnings28.04xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RESONANCE SPECIALTIES

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 RESONANCE SPECIALTIES is calculated as :

Current Market Cap [ ₹112.9 Cr] as on Dec 26,2024

(/) Earnings [ ₹4.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 28.04x ]

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

Thus, for RESONANCE SPECIALTIES , the investors are currently willing to pay 28.04 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 RESONANCE SPECIALTIES !

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 RESONANCE SPECIALTIES over the last five years.

Historical PE (Price/Earnings) ratio chart of RESONANCE SPECIALTIES


PE Ratio Performance Analysis for RESONANCE SPECIALTIES

- RESONANCE SPECIALTIES 's latest p/e ratio is 28.04x.

- RESONANCE SPECIALTIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.70x.

- RESONANCE SPECIALTIES 's operated at median p/e ratio of 16.47x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RESONANCE SPECIALTIES 's p/e ratio peaked in Mar2024 at 35.08x.

- RESONANCE SPECIALTIES 's p/e ratio hit its five-year low in Mar2020 of 5.29x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RESONANCE SPECIALTIES 4.0328.04112.9
PIDILITE INDUSTRIES LTD1,930.5577.36149,354.0
SOLAR INDUSTRIES INDIA LTD1,060.5787.1892,465.0
SRF LTD1,129.2859.3567,027.6
GUJARAT FLUOROCHEMICALS LTD410.06116.7447,871.5
DEEPAK NITRITE LTD852.6141.1335,071.4
TATA CHEMICALS LTD-351.00-76.8326,965.9
GODREJ INDUSTRIES LTD1,358.8128.2238,344.3
AARTI INDUSTRIES LTD445.0033.6514,975.7
ATUL LTD370.5156.4220,902.8
VINATI ORGANICS LTD369.6048.4217,895.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -76.83x
Max industry PE 116.74x
Median industry PE 48.42x
Average industry PE 45.43x



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