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CHEMTECH INDUSTRIAL VALVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of CHEMTECH INDUSTRIAL VALVES is 84.42.

Share Price ₹174.2May 18,2024
Market Cap ₹254.3 Cr
Earnings-TTM₹3.0 CrTTM-Standalone Results
Price/Earnings84.42xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CHEMTECH INDUSTRIAL VALVES

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 CHEMTECH INDUSTRIAL VALVES is calculated as :

Current Market Cap [ ₹254.3 Cr] as on May 18,2024

(/) Earnings [ ₹3.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 84.42x ]

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

Thus, for CHEMTECH INDUSTRIAL VALVES , the investors are currently willing to pay 84.42 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 CHEMTECH INDUSTRIAL VALVES !

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 CHEMTECH INDUSTRIAL VALVES over the last five years.

Historical PE (Price/Earnings) ratio chart of CHEMTECH INDUSTRIAL VALVES


PE Ratio Performance Analysis for CHEMTECH INDUSTRIAL VALVES

- CHEMTECH INDUSTRIAL VALVES 's latest p/e ratio is 84.42x.

- CHEMTECH INDUSTRIAL VALVES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.23x.

- CHEMTECH INDUSTRIAL VALVES 's operated at median p/e ratio of 10.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CHEMTECH INDUSTRIAL VALVES 's p/e ratio peaked in Mar2019 at 41.89x.

- CHEMTECH INDUSTRIAL VALVES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does CHEMTECH INDUSTRIAL VALVES 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CHEMTECH INDUSTRIAL VALVES 3.0184.42254.3
ADANI ENTERPRISES LTD3,293.18105.94348,892.0
REDINGTON LTD1,238.6113.3216,503.3
HONASA CONSUMER LTD77.66169.6713,175.7
MMTC LTD49.62227.7811,302.5
MSTC LTD239.5628.386,797.8
LLOYDS ENTERPRISES LTD174.8024.214,232.4
VERITAS (INDIA) LTD191.6219.603,754.7
NOVARTIS INDIA LTD85.1932.432,762.5
OPTIEMUS INFRACOM LTD53.2345.462,419.9
MISHTANN FOODS LTD14.23140.011,992.8

Trading Industry Benchmark (Top 10) PE Analysis vs CHEMTECH INDUSTRIAL VALVES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.32x
Max industry PE 227.78x
Median industry PE 45.46x
Average industry PE 81.02x



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