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ULTRAMARINE & PIGMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ULTRAMARINE & PIGMENTS is 28.12.

Share Price ₹568.0Dec 11,2024
Market Cap ₹1,658.4 Cr
Earnings-TTM₹59.0 CrTTM-Consolidated Results
Price/Earnings28.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ULTRAMARINE & PIGMENTS

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 ULTRAMARINE & PIGMENTS is calculated as :

Current Market Cap [ ₹1,658.4 Cr] as on Dec 11,2024

(/) Earnings [ ₹59.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.12x ]

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

Thus, for ULTRAMARINE & PIGMENTS , the investors are currently willing to pay 28.12 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 ULTRAMARINE & PIGMENTS !

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 ULTRAMARINE & PIGMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of ULTRAMARINE & PIGMENTS


PE Ratio Performance Analysis for ULTRAMARINE & PIGMENTS

- ULTRAMARINE & PIGMENTS 's latest p/e ratio is 28.12x.

- ULTRAMARINE & PIGMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.76x.

- ULTRAMARINE & PIGMENTS 's operated at median p/e ratio of 15.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ULTRAMARINE & PIGMENTS 's p/e ratio peaked in Mar2024 at 16.8x.

- ULTRAMARINE & PIGMENTS 's p/e ratio hit its five-year low in Mar2020 of 6.66x.


How does ULTRAMARINE & PIGMENTS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ULTRAMARINE & PIGMENTS 58.9828.121,658.4
PIDILITE INDUSTRIES LTD1,930.5584.16162,484.0
SOLAR INDUSTRIES INDIA LTD1,060.5792.6798,279.4
SRF LTD1,129.2861.3569,276.0
GUJARAT FLUOROCHEMICALS LTD410.06119.8949,160.1
DEEPAK NITRITE LTD852.6143.7037,256.4
TATA CHEMICALS LTD-351.00-81.7028,676.6
GODREJ INDUSTRIES LTD1,358.8127.1236,855.8
AARTI INDUSTRIES LTD445.0036.3916,193.7
ATUL LTD370.5159.5122,049.5
VINATI ORGANICS LTD369.6051.7319,120.6

Chemicals Industry Benchmark (Top 10) PE Analysis vs ULTRAMARINE & PIGMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -81.70x
Max industry PE 119.89x
Median industry PE 51.73x
Average industry PE 47.54x



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