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DEEPAK NITRITE
PE (Price/Earnings) Ratio

The Current P/E Ratio of DEEPAK NITRITE is 38.83.

Share Price ₹1,985.4Jun 30,2025
Market Cap ₹27,080.2 Cr
Earnings-TTM₹697.4 CrTTM-Consolidated Results
Price/Earnings38.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK NITRITE

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 DEEPAK NITRITE is calculated as :

Current Market Cap [ ₹27,080.2 Cr] as on Jun 30,2025

(/) Earnings [ ₹697.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.83x ]

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

Thus, for DEEPAK NITRITE , the investors are currently willing to pay 38.83 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 latest p/e ratio is 38.83x.

- DEEPAK NITRITE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.34x.

- DEEPAK NITRITE 's operated at median p/e ratio of 29.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DEEPAK NITRITE 's p/e ratio peaked in Mar2024 at 35.69x.

- DEEPAK NITRITE 's p/e ratio hit its five-year low in Mar2020 of 8.68x.


How does DEEPAK NITRITE 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DEEPAK NITRITE 697.3638.8327,080.2
PIDILITE INDUSTRIES LTD2,099.4574.01155,385.0
SRF LTD1,250.7876.9096,185.4
SOLAR INDUSTRIES INDIA LTD1,282.38124.11159,155.0
GUJARAT FLUOROCHEMICALS LTD546.0073.0239,867.3
GODREJ INDUSTRIES LTD1,483.6328.3141,999.7
TATA CHEMICALS LTD200.00119.3223,864.3
HIMADRI SPECIALITY CHEMICAL LTD555.0946.0625,569.1
NAVIN FLUORINE INTERNATIONAL LTD288.6082.7323,875.2
VINATI ORGANICS LTD405.2650.5520,485.9
ATUL LTD487.5345.1221,995.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 28.31x
Max industry PE 124.11x
Median industry PE 73.02x
Average industry PE 69.00x



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