Home > PE Ratio > VIKRAM THERMO (INDIA)

VIKRAM THERMO (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIKRAM THERMO (INDIA) is 106.64.

Share Price ₹174.5Nov 19,2024
Market Cap ₹601.9 Cr
Earnings-TTM₹5.6 CrTTM-Standalone Results
Price/Earnings106.64xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for VIKRAM THERMO (INDIA)
Please provide your vote to see the results
VIKRAM THERMO (INDIA) is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of VIKRAM THERMO (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 VIKRAM THERMO (INDIA) is calculated as :

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 ]

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

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 latest p/e ratio is 106.64x.

- 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 RatioMarket Cap
VIKRAM THERMO (INDIA) 5.64106.64601.9
PIDILITE INDUSTRIES LTD1,930.5577.40149,420.0
SOLAR INDUSTRIES INDIA LTD1,060.5785.0490,193.2
SRF LTD1,129.2856.2363,501.6
GUJARAT FLUOROCHEMICALS LTD410.06102.7042,112.1
DEEPAK NITRITE LTD852.6141.9235,738.4
TATA CHEMICALS LTD-351.00-75.8026,606.8
GODREJ INDUSTRIES LTD1,358.8124.8033,703.8
AARTI INDUSTRIES LTD445.0034.6815,430.6
ATUL LTD370.5157.6421,354.8
VINATI ORGANICS LTD369.6050.1718,543.7

Chemicals Industry Benchmark (Top 10) PE Analysis vs VIKRAM THERMO (INDIA) 's P/E Ratio

Top 10 Industry PeersPE 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