STYRENIX PERFORMANCE MATERIALS
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The Current P/E Ratio of STYRENIX PERFORMANCE MATERIALS is 24.44.
Share Price | ₹2,994.2 | Dec 20,2024 |
Market Cap | ₹5,269.8 Cr | |
Earnings-TTM | ₹215.6 Cr | TTM-Standalone Results |
Price/Earnings | 24.44x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STYRENIX PERFORMANCE MATERIALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
STYRENIX PERFORMANCE MATERIALS | 215.60 | 24.44 | 5,269.8 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 78.40 | 151,358.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 83.67 | 88,732.7 |
SRF LTD | 1,129.28 | 59.76 | 67,490.0 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 115.75 | 47,464.0 |
DEEPAK NITRITE LTD | 852.61 | 41.53 | 35,407.6 |
TATA CHEMICALS LTD | -351.00 | -74.63 | 26,195.3 |
GODREJ INDUSTRIES LTD | 1,358.81 | 27.74 | 37,692.7 |
AARTI INDUSTRIES LTD | 445.00 | 32.90 | 14,642.2 |
ATUL LTD | 370.51 | 55.83 | 20,686.5 |
VINATI ORGANICS LTD | 369.60 | 47.95 | 17,721.1 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs STYRENIX PERFORMANCE MATERIALS 's P/E Ratio
Top 10 Industry Peers | PE 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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