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AKSHARCHEM (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of AKSHARCHEM (INDIA) is -14.61.

Share Price ₹267.2May 16,2024
Market Cap ₹213.7 Cr
Earnings-TTM₹-14.6 CrTTM-Standalone Results
Price/Earnings-14.61xCalculated as Market Cap/Earnings
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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 [ ₹213.7 Cr] as on May 16,2024

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

(=) P/E Ratio [ -14.61x ]

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 -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 latest p/e ratio is -14.61x.

- 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) -14.62-14.61213.7
SUDARSHAN CHEMICAL INDUSTRIES LTD357.4514.255,093.4
VIDHI SPECIALTY FOOD INGREDIENTS LTD34.7568.062,365.2
KIRI INDUSTRIES LTD-89.81-17.861,604.3
BODAL CHEMICALS LTD7.24128.67931.5
BHAGERIA INDUSTRIES LTD17.1443.59747.0
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD37.0616.10596.8
ASAHI SONGWON COLORS LTD3.06141.25431.7
PODDAR PIGMENTS LTD27.5314.15389.5
DYNEMIC PRODUCTS LTD3.4891.68318.9
VIPUL ORGANICS LTD2.6088.71230.4

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

Top 10 Industry PeersPE 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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