Home > PE Ratio > AKSHARCHEM (INDIA)

AKSHARCHEM (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of AKSHARCHEM (INDIA) is -15.09.

Share Price ₹275.9Apr 15,2024
Market Cap ₹220.7 Cr
Earnings-TTM₹-14.6 CrTTM-Standalone Results
Price/Earnings-15.09xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for AKSHARCHEM (INDIA)
Please provide your vote to see the results
AKSHARCHEM (INDIA) is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

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

Current Market Cap [ ₹220.7 Cr] as on Apr 15,2024

(/) Earnings [ ₹-14.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -15.09x ]

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

Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay -15.09 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 AKSHARCHEM (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 AKSHARCHEM (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of AKSHARCHEM (INDIA)


PE Ratio Performance Analysis for AKSHARCHEM (INDIA)

- AKSHARCHEM (INDIA) 's latest p/e ratio is -15.09x.

- AKSHARCHEM (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.54x.

- AKSHARCHEM (INDIA) 's operated at median p/e ratio of 11.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKSHARCHEM (INDIA) 's p/e ratio peaked in Mar2022 at 17.58x.

- AKSHARCHEM (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does AKSHARCHEM (INDIA) 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AKSHARCHEM (INDIA) -14.62-15.09220.7
SUDARSHAN CHEMICAL INDUSTRIES LTD331.9812.954,298.3
VIDHI SPECIALTY FOOD INGREDIENTS LTD34.7564.512,241.8
KIRI INDUSTRIES LTD-89.81-20.651,854.4
BODAL CHEMICALS LTD7.24135.82983.2
BHAGERIA INDUSTRIES LTD17.1441.08704.0
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD36.7914.89547.8
ASAHI SONGWON COLORS LTD3.06122.69375.0
PODDAR PIGMENTS LTD27.5312.76351.3
DYNEMIC PRODUCTS LTD3.48102.82357.6
VIPUL ORGANICS LTD2.6089.23231.7

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs AKSHARCHEM (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -20.65x
Max industry PE 135.82x
Median industry PE 41.08x
Average industry PE 51.00x



You may also like the below Video Courses