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SUMITOMO CHEMICAL INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUMITOMO CHEMICAL INDIA is 52.53.

Share Price ₹509.3Nov 21,2024
Market Cap ₹25,416.7 Cr
Earnings-TTM₹483.8 CrTTM-Consolidated Results
Price/Earnings52.53xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUMITOMO CHEMICAL INDIA

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 SUMITOMO CHEMICAL INDIA is calculated as :

Current Market Cap [ ₹25,416.7 Cr] as on Nov 21,2024

(/) Earnings [ ₹483.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 52.53x ]

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

Thus, for SUMITOMO CHEMICAL INDIA , the investors are currently willing to pay 52.53 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 SUMITOMO CHEMICAL INDIA !

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 SUMITOMO CHEMICAL INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of SUMITOMO CHEMICAL INDIA


PE Ratio Performance Analysis for SUMITOMO CHEMICAL INDIA

- SUMITOMO CHEMICAL INDIA 's latest p/e ratio is 52.53x.

- SUMITOMO CHEMICAL INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 45.79x.

- SUMITOMO CHEMICAL INDIA 's operated at median p/e ratio of 44.73x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUMITOMO CHEMICAL INDIA 's p/e ratio peaked in Mar2022 at 52.98x.

- SUMITOMO CHEMICAL INDIA 's p/e ratio hit its five-year low in Mar2021 of 42.04x.


How does SUMITOMO CHEMICAL INDIA 's P/E Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUMITOMO CHEMICAL INDIA 483.8552.5325,416.7
PI INDUSTRIES LTD1,768.5035.5062,774.1
UPL LTD-2,651.00-15.7341,696.2
BAYER CROPSCIENCE LTD579.6044.8826,010.5
BASF INDIA LTD650.0938.9125,296.3
RALLIS INDIA LTD149.0039.835,935.2
DHANUKA AGRITECH LTD270.8024.916,746.7
BHARAT RASAYAN LTD140.1433.284,664.1
SHARDA CROPCHEM LTD217.8033.327,256.9
INDIA PESTICIDES LTD70.4429.562,082.2
ASTEC LIFESCIENCES LTD-103.56-19.932,063.4

Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs SUMITOMO CHEMICAL INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -19.93x
Max industry PE 52.53x
Median industry PE 33.32x
Average industry PE 27.01x



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