DEEPAK NITRITE
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The Current P/E Ratio of DEEPAK NITRITE is 28.00.
| Share Price | ₹1,608.0 | Sep 18,2026 |
| Market Cap | ₹21,932.4 Cr | |
| Earnings-TTM | ₹783.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.00x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK NITRITE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹21,932.4 Cr] as on Sep 18,2026
(/) Earnings [ ₹783.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.00x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 28.00 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 DEEPAK NITRITE !
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 DEEPAK NITRITE over the last five years.
Historical PE (Price/Earnings) ratio chart of DEEPAK NITRITE
PE Ratio Performance Analysis for DEEPAK NITRITE
- DEEPAK NITRITE 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 32.91x.
- DEEPAK NITRITE 's operated at median p/e ratio of 31.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK NITRITE 's p/e ratio peaked in Mar2025 at 38.79x.
- DEEPAK NITRITE 's p/e ratio hit its five-year low in Mar2022 of 28.7x.
How does DEEPAK NITRITE 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
| Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| DEEPAK NITRITE | 783.41 | 28.00 | 21,932.4 |
| SOLAR INDUSTRIES INDIA LTD | 2,041.43 | 83.47 | 170,393.0 |
| PIDILITE INDUSTRIES LTD | 2,676.38 | 59.60 | 159,513.0 |
| SRF LTD | 2,161.73 | 35.12 | 75,914.4 |
| GUJARAT FLUOROCHEMICALS LTD | 612.00 | 82.30 | 50,369.0 |
| GODREJ INDUSTRIES LTD | 1,733.33 | 21.52 | 37,304.6 |
| NAVIN FLUORINE INTERNATIONAL LTD | 789.70 | 55.78 | 44,046.0 |
| ATUL LTD | 804.37 | 22.66 | 18,226.2 |
| TATA CHEMICALS LTD | -2,079.00 | -8.50 | 17,667.3 |
| AARTI INDUSTRIES LTD | 531.00 | 33.51 | 17,791.7 |
| BASF INDIA LTD | 623.67 | 25.04 | 15,615.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -8.50x |
| Max industry PE | 83.47x |
| Median industry PE | 33.51x |
| Average industry PE | 39.86x |
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