Home > PE Ratio > ASAHI SONGWON COLORS

ASAHI SONGWON COLORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASAHI SONGWON COLORS is 148.39.

Share Price ₹384.3Apr 26,2024
Market Cap ₹453.5 Cr
Earnings-TTM₹3.1 CrTTM-Consolidated Results
Price/Earnings148.39xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ASAHI SONGWON COLORS
Please provide your vote to see the results
ASAHI SONGWON COLORS is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of ASAHI SONGWON COLORS

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 ASAHI SONGWON COLORS is calculated as :

Current Market Cap [ ₹453.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹3.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 148.39x ]

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

Thus, for ASAHI SONGWON COLORS , the investors are currently willing to pay 148.39 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 ASAHI SONGWON COLORS !

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 ASAHI SONGWON COLORS over the last five years.

Historical PE (Price/Earnings) ratio chart of ASAHI SONGWON COLORS


PE Ratio Performance Analysis for ASAHI SONGWON COLORS

- ASAHI SONGWON COLORS 's latest p/e ratio is 148.39x.

- ASAHI SONGWON COLORS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.84x.

- ASAHI SONGWON COLORS 's operated at median p/e ratio of 10.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASAHI SONGWON COLORS 's p/e ratio peaked in Mar2022 at 17.7x.

- ASAHI SONGWON COLORS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ASAHI SONGWON COLORS 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASAHI SONGWON COLORS 3.06148.39453.5
SUDARSHAN CHEMICAL INDUSTRIES LTD331.9815.075,003.4
VIDHI SPECIALTY FOOD INGREDIENTS LTD34.7566.022,294.2
KIRI INDUSTRIES LTD-89.81-21.491,930.3
BODAL CHEMICALS LTD7.24137.90998.3
BHAGERIA INDUSTRIES LTD17.1445.92786.9
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD36.7915.75579.2
PODDAR PIGMENTS LTD27.5313.40368.8
DYNEMIC PRODUCTS LTD3.48105.34366.4
VIPUL ORGANICS LTD2.6089.83233.3
AKSHARCHEM (INDIA) LTD-14.62-15.35224.4

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs ASAHI SONGWON COLORS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -21.49x
Max industry PE 148.39x
Median industry PE 45.92x
Average industry PE 54.62x



You may also like the below Video Courses