SIGACHI INDUSTRIES
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The Current P/E Ratio of SIGACHI INDUSTRIES is 29.17.
Share Price | ₹51.8 | Nov 12,2024 |
Market Cap | ₹1,725.7 Cr | |
Earnings-TTM | ₹59.2 Cr | TTM-Consolidated Results |
Price/Earnings | 29.17x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SIGACHI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,725.7 Cr] as on Nov 12,2024
(/) Earnings [ ₹59.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.17x ]
Thus, for SIGACHI INDUSTRIES , the investors are currently willing to pay 29.17 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 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 Ratio | Market Cap |
---|---|---|---|
SIGACHI INDUSTRIES | 59.15 | 29.17 | 1,725.7 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 80.11 | 154,662.0 |
SOLAR INDUSTRIES INDIA LTD | 971.66 | 93.17 | 90,525.4 |
SRF LTD | 1,129.28 | 59.08 | 66,713.4 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 110.87 | 45,464.2 |
DEEPAK NITRITE LTD | 863.48 | 40.59 | 35,047.6 |
TATA CHEMICALS LTD | -351.00 | -77.78 | 27,299.7 |
GODREJ INDUSTRIES LTD | 1,081.92 | 29.67 | 32,102.6 |
AARTI INDUSTRIES LTD | 445.00 | 36.27 | 16,139.4 |
ATUL LTD | 370.51 | 58.98 | 21,853.9 |
VINATI ORGANICS LTD | 369.60 | 51.41 | 18,999.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs SIGACHI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.78x |
Max industry PE | 110.87x |
Median industry PE | 51.41x |
Average industry PE | 46.50x |
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