VIKRAM THERMO (INDIA)
|
The Current P/E Ratio of VIKRAM THERMO (INDIA) is 106.64.
Share Price | ₹174.5 | Nov 19,2024 |
Market Cap | ₹601.9 Cr | |
Earnings-TTM | ₹5.6 Cr | TTM-Standalone Results |
Price/Earnings | 106.64x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIKRAM THERMO (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹601.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹5.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 106.64x ]
Thus, for VIKRAM THERMO (INDIA) , the investors are currently willing to pay 106.64 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 VIKRAM THERMO (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 VIKRAM THERMO (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of VIKRAM THERMO (INDIA)
PE Ratio Performance Analysis for VIKRAM THERMO (INDIA)
- VIKRAM THERMO (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.18x.
- VIKRAM THERMO (INDIA) 's operated at median p/e ratio of 2.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VIKRAM THERMO (INDIA) 's p/e ratio peaked in Mar2024 at 18.82x.
- VIKRAM THERMO (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 1.23x.
How does VIKRAM THERMO (INDIA) 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VIKRAM THERMO (INDIA) | 5.64 | 106.64 | 601.9 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 77.40 | 149,420.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 85.04 | 90,193.2 |
SRF LTD | 1,129.28 | 56.23 | 63,501.6 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 102.70 | 42,112.1 |
DEEPAK NITRITE LTD | 852.61 | 41.92 | 35,738.4 |
TATA CHEMICALS LTD | -351.00 | -75.80 | 26,606.8 |
GODREJ INDUSTRIES LTD | 1,358.81 | 24.80 | 33,703.8 |
AARTI INDUSTRIES LTD | 445.00 | 34.68 | 15,430.6 |
ATUL LTD | 370.51 | 57.64 | 21,354.8 |
VINATI ORGANICS LTD | 369.60 | 50.17 | 18,543.7 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs VIKRAM THERMO (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -75.80x |
Max industry PE | 106.64x |
Median industry PE | 56.23x |
Average industry PE | 51.04x |
You may also like the below Video Courses