AKSHARCHEM (INDIA)
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The Current P/E Ratio of AKSHARCHEM (INDIA) is -14.61.
Share Price | ₹267.2 | May 16,2024 |
Market Cap | ₹213.7 Cr | |
Earnings-TTM | ₹-14.6 Cr | TTM-Standalone Results |
Price/Earnings | -14.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AKSHARCHEM (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹213.7 Cr] as on May 16,2024
(/) Earnings [ ₹-14.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -14.61x ]
Thus, for AKSHARCHEM (INDIA) , the investors are currently willing to pay -14.61 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 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 Ratio | Market Cap |
---|---|---|---|
AKSHARCHEM (INDIA) | -14.62 | -14.61 | 213.7 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 357.45 | 14.25 | 5,093.4 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 34.75 | 68.06 | 2,365.2 |
KIRI INDUSTRIES LTD | -89.81 | -17.86 | 1,604.3 |
BODAL CHEMICALS LTD | 7.24 | 128.67 | 931.5 |
BHAGERIA INDUSTRIES LTD | 17.14 | 43.59 | 747.0 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 37.06 | 16.10 | 596.8 |
ASAHI SONGWON COLORS LTD | 3.06 | 141.25 | 431.7 |
PODDAR PIGMENTS LTD | 27.53 | 14.15 | 389.5 |
DYNEMIC PRODUCTS LTD | 3.48 | 91.68 | 318.9 |
VIPUL ORGANICS LTD | 2.60 | 88.71 | 230.4 |
Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs AKSHARCHEM (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -17.86x |
Max industry PE | 141.25x |
Median industry PE | 43.59x |
Average industry PE | 52.18x |
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