TATA CHEMICALS
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The Current P/E Ratio of TATA CHEMICALS is -69.88.
Share Price | ₹962.6 | Jan 29,2025 |
Market Cap | ₹24,527.0 Cr | |
Earnings-TTM | ₹-351.0 Cr | TTM-Consolidated Results |
Price/Earnings | -69.88x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TATA CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹24,527.0 Cr] as on Jan 29,2025
(/) Earnings [ ₹-351.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -69.88x ]
Thus, for TATA CHEMICALS , the investors are currently willing to pay -69.88 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 TATA 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 TATA CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA CHEMICALS
PE Ratio Performance Analysis for TATA CHEMICALS
- TATA CHEMICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 41.75x.
- TATA CHEMICALS 's operated at median p/e ratio of 19.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA CHEMICALS 's p/e ratio peaked in Mar2024 at 102.82x.
- TATA CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 0.81x.
How does TATA CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TATA CHEMICALS | -351.00 | -69.88 | 24,527.0 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 74.28 | 146,889.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 81.70 | 86,648.3 |
SRF LTD | 1,146.93 | 68.92 | 79,043.2 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 85.13 | 38,816.1 |
DEEPAK NITRITE LTD | 852.61 | 36.45 | 31,076.5 |
GODREJ INDUSTRIES LTD | 1,358.81 | 21.66 | 29,430.4 |
AARTI INDUSTRIES LTD | 445.00 | 34.85 | 15,510.4 |
ATUL LTD | 414.37 | 44.52 | 18,446.1 |
VINATI ORGANICS LTD | 369.60 | 45.41 | 16,785.0 |
HIMADRI SPECIALITY CHEMICAL LTD | 514.81 | 46.37 | 23,869.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs TATA CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -69.88x |
Max industry PE | 85.13x |
Median industry PE | 45.41x |
Average industry PE | 42.67x |
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