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ANDHRA PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ANDHRA PETROCHEMICALS is 30.68.

Share Price ₹92.0Apr 24,2024
Market Cap ₹782.1 Cr
Earnings-TTM₹25.5 CrTTM-Standalone Results
Price/Earnings30.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ANDHRA PETROCHEMICALS

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 ANDHRA PETROCHEMICALS is calculated as :

Current Market Cap [ ₹782.1 Cr] as on Apr 24,2024

(/) Earnings [ ₹25.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 30.68x ]

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

Thus, for ANDHRA PETROCHEMICALS , the investors are currently willing to pay 30.68 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 ANDHRA PETROCHEMICALS !

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 ANDHRA PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of ANDHRA PETROCHEMICALS


PE Ratio Performance Analysis for ANDHRA PETROCHEMICALS

- ANDHRA PETROCHEMICALS 's latest p/e ratio is 30.68x.

- ANDHRA PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.49x.

- ANDHRA PETROCHEMICALS 's operated at median p/e ratio of 6.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ANDHRA PETROCHEMICALS 's p/e ratio peaked in Mar2023 at 20.41x.

- ANDHRA PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2022 of 3.46x.


How does ANDHRA PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ANDHRA PETROCHEMICALS 25.5030.68782.1
PIDILITE INDUSTRIES LTD1,732.5286.64150,106.0
SOLAR INDUSTRIES INDIA LTD855.5493.0879,629.4
SRF LTD1,475.9552.5377,525.5
GUJARAT FLUOROCHEMICALS LTD665.8760.4940,277.6
DEEPAK NITRITE LTD790.8741.2132,593.8
TATA CHEMICALS LTD1,891.0015.1728,695.8
GODREJ INDUSTRIES LTD625.2045.7528,601.9
AARTI INDUSTRIES LTD434.0062.4627,108.1
ATUL LTD349.6349.6817,368.3
VINATI ORGANICS LTD359.7147.2817,007.4

Chemicals Industry Benchmark (Top 10) PE Analysis vs ANDHRA PETROCHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.17x
Max industry PE 93.08x
Median industry PE 49.68x
Average industry PE 53.18x



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