ATUL
|
The Current P/E Ratio of ATUL is 49.58.
Share Price | ₹5,896.4 | Apr 19,2024 |
Market Cap | ₹17,335.4 Cr | |
Earnings-TTM | ₹349.6 Cr | TTM-Consolidated Results |
Price/Earnings | 49.58x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ATUL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹17,335.4 Cr] as on Apr 19,2024
(/) Earnings [ ₹349.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 49.58x ]
Thus, for ATUL , the investors are currently willing to pay 49.58 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 ATUL !
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 ATUL over the last five years.
Historical PE (Price/Earnings) ratio chart of ATUL
PE Ratio Performance Analysis for ATUL
- ATUL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 32.90x.
- ATUL 's operated at median p/e ratio of 31.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ATUL 's p/e ratio peaked in Mar2022 at 50.38x.
- ATUL 's p/e ratio hit its five-year low in Mar2020 of 17.69x.
How does ATUL 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ATUL | 349.63 | 49.58 | 17,335.4 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 83.00 | 143,804.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 90.18 | 77,156.8 |
SRF LTD | 1,475.95 | 50.75 | 74,909.5 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 59.40 | 39,553.7 |
DEEPAK NITRITE LTD | 790.87 | 39.15 | 30,963.9 |
TATA CHEMICALS LTD | 1,891.00 | 14.86 | 28,108.5 |
GODREJ INDUSTRIES LTD | 625.20 | 44.56 | 27,857.8 |
AARTI INDUSTRIES LTD | 434.00 | 60.40 | 26,212.7 |
VINATI ORGANICS LTD | 359.71 | 47.39 | 17,046.8 |
HIMADRI SPECIALITY CHEMICAL LTD | 371.71 | 44.24 | 16,445.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs ATUL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.86x |
Max industry PE | 90.18x |
Median industry PE | 49.58x |
Average industry PE | 53.05x |
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