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STYRENIX PERFORMANCE MATERIALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of STYRENIX PERFORMANCE MATERIALS is 24.44.

Share Price ₹2,994.2Dec 20,2024
Market Cap ₹5,269.8 Cr
Earnings-TTM₹215.6 CrTTM-Standalone Results
Price/Earnings24.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STYRENIX PERFORMANCE MATERIALS

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 STYRENIX PERFORMANCE MATERIALS is calculated as :

Current Market Cap [ ₹5,269.8 Cr] as on Dec 20,2024

(/) Earnings [ ₹215.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.44x ]

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

Thus, for STYRENIX PERFORMANCE MATERIALS , the investors are currently willing to pay 24.44 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 STYRENIX PERFORMANCE MATERIALS !

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 STYRENIX PERFORMANCE MATERIALS over the last five years.

Historical PE (Price/Earnings) ratio chart of STYRENIX PERFORMANCE MATERIALS


PE Ratio Performance Analysis for STYRENIX PERFORMANCE MATERIALS

- STYRENIX PERFORMANCE MATERIALS 's latest p/e ratio is 24.44x.

- STYRENIX PERFORMANCE MATERIALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.52x.

- STYRENIX PERFORMANCE MATERIALS 's operated at median p/e ratio of 5.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STYRENIX PERFORMANCE MATERIALS 's p/e ratio peaked in Mar2024 at 14.57x.

- STYRENIX PERFORMANCE MATERIALS 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does STYRENIX PERFORMANCE MATERIALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
STYRENIX PERFORMANCE MATERIALS 215.6024.445,269.8
PIDILITE INDUSTRIES LTD1,930.5578.40151,358.0
SOLAR INDUSTRIES INDIA LTD1,060.5783.6788,732.7
SRF LTD1,129.2859.7667,490.0
GUJARAT FLUOROCHEMICALS LTD410.06115.7547,464.0
DEEPAK NITRITE LTD852.6141.5335,407.6
TATA CHEMICALS LTD-351.00-74.6326,195.3
GODREJ INDUSTRIES LTD1,358.8127.7437,692.7
AARTI INDUSTRIES LTD445.0032.9014,642.2
ATUL LTD370.5155.8320,686.5
VINATI ORGANICS LTD369.6047.9517,721.1

Chemicals Industry Benchmark (Top 10) PE Analysis vs STYRENIX PERFORMANCE MATERIALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -74.63x
Max industry PE 115.75x
Median industry PE 47.95x
Average industry PE 44.85x



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