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SUNSHIELD CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUNSHIELD CHEMICALS is 34.15.

Share Price ₹845.4Jan 21,2025
Market Cap ₹625.6 Cr
Earnings-TTM₹18.3 CrTTM-Standalone Results
Price/Earnings34.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUNSHIELD CHEMICALS

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 SUNSHIELD CHEMICALS is calculated as :

Current Market Cap [ ₹625.6 Cr] as on Jan 21,2025

(/) Earnings [ ₹18.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 34.15x ]

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

Thus, for SUNSHIELD CHEMICALS , the investors are currently willing to pay 34.15 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 SUNSHIELD CHEMICALS !

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 SUNSHIELD CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of SUNSHIELD CHEMICALS


PE Ratio Performance Analysis for SUNSHIELD CHEMICALS

- SUNSHIELD CHEMICALS 's latest p/e ratio is 34.15x.

- SUNSHIELD CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.31x.

- SUNSHIELD CHEMICALS 's operated at median p/e ratio of 30.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUNSHIELD CHEMICALS 's p/e ratio peaked in Mar2020 at 77.46x.

- SUNSHIELD CHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 10.07x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUNSHIELD CHEMICALS 18.3234.15625.6
PIDILITE INDUSTRIES LTD1,930.5572.43139,827.0
SOLAR INDUSTRIES INDIA LTD1,060.5781.8686,817.5
SRF LTD1,129.2867.5776,310.1
GUJARAT FLUOROCHEMICALS LTD410.06101.3641,563.9
DEEPAK NITRITE LTD852.6137.5632,021.0
TATA CHEMICALS LTD-351.00-69.6624,449.0
GODREJ INDUSTRIES LTD1,358.8122.2830,280.8
AARTI INDUSTRIES LTD445.0036.9116,425.8
ATUL LTD370.5153.5019,821.5
VINATI ORGANICS LTD369.6048.9218,080.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -69.66x
Max industry PE 101.36x
Median industry PE 48.92x
Average industry PE 44.26x



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