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SIGACHI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SIGACHI INDUSTRIES is 32.47.

Share Price ₹58.5Sep 20,2024
Market Cap ₹1,920.6 Cr
Earnings-TTM₹59.2 CrTTM-Consolidated Results
Price/Earnings32.47xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SIGACHI INDUSTRIES

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 SIGACHI INDUSTRIES is calculated as :

Current Market Cap [ ₹1,920.6 Cr] as on Sep 20,2024

(/) Earnings [ ₹59.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.47x ]

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

Thus, for SIGACHI INDUSTRIES , the investors are currently willing to pay 32.47 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 SIGACHI INDUSTRIES !

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 SIGACHI INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SIGACHI INDUSTRIES


PE Ratio Performance Analysis for SIGACHI INDUSTRIES

- SIGACHI INDUSTRIES 's latest p/e ratio is 32.47x.

- SIGACHI INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.17x.

- SIGACHI INDUSTRIES 's operated at median p/e ratio of 1.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIGACHI INDUSTRIES 's p/e ratio peaked in Mar2024 at 32.04x.

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


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SIGACHI INDUSTRIES 59.1532.471,920.6
PIDILITE INDUSTRIES LTD1,848.9190.56167,436.0
SOLAR INDUSTRIES INDIA LTD971.66103.73100,787.0
SRF LTD1,228.6458.3971,736.3
GUJARAT FLUOROCHEMICALS LTD341.80136.5346,667.6
DEEPAK NITRITE LTD863.4844.9238,789.5
TATA CHEMICALS LTD-67.00-390.0626,134.2
GODREJ INDUSTRIES LTD1,081.9237.4440,507.9
AARTI INDUSTRIES LTD484.0042.9520,788.6
ATUL LTD323.1269.8022,554.2
VINATI ORGANICS LTD349.4158.0220,271.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -390.06x
Max industry PE 136.53x
Median industry PE 58.02x
Average industry PE 25.89x



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