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ARVEE LABORATORIES (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARVEE LABORATORIES (INDIA) is 248.75.

Share Price ₹213.7Apr 25,2024
Market Cap ₹235.1 Cr
Earnings-TTM₹0.9 CrTTM-Standalone Results
Price/Earnings248.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARVEE LABORATORIES (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 ARVEE LABORATORIES (INDIA) is calculated as :

Current Market Cap [ ₹235.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹0.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 248.75x ]

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

Thus, for ARVEE LABORATORIES (INDIA) , the investors are currently willing to pay 248.75 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 ARVEE LABORATORIES (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 ARVEE LABORATORIES (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of ARVEE LABORATORIES (INDIA)


PE Ratio Performance Analysis for ARVEE LABORATORIES (INDIA)

- ARVEE LABORATORIES (INDIA) 's latest p/e ratio is 248.75x.

- ARVEE LABORATORIES (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.66x.

- ARVEE LABORATORIES (INDIA) 's operated at median p/e ratio of 22.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARVEE LABORATORIES (INDIA) 's p/e ratio peaked in Mar2022 at 48.68x.

- ARVEE LABORATORIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 5.63x.


How does ARVEE LABORATORIES (INDIA) 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARVEE LABORATORIES (INDIA) 0.95248.75235.1
PIDILITE INDUSTRIES LTD1,732.5285.66148,412.0
SOLAR INDUSTRIES INDIA LTD855.5493.0679,616.3
SRF LTD1,475.9553.0078,229.5
GUJARAT FLUOROCHEMICALS LTD665.8760.3240,165.0
DEEPAK NITRITE LTD790.8741.7733,033.7
TATA CHEMICALS LTD1,891.0014.9828,335.3
GODREJ INDUSTRIES LTD625.2046.2828,935.2
AARTI INDUSTRIES LTD434.0062.9227,307.4
ATUL LTD349.6349.5017,307.0
VINATI ORGANICS LTD359.7146.2216,624.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 14.98x
Max industry PE 248.75x
Median industry PE 53.00x
Average industry PE 72.95x



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