DEEPAK NITRITE
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The Current P/E Ratio of DEEPAK NITRITE is 40.14.
| Share Price | ₹1,620.7 | Jun 25,2026 |
| Market Cap | ₹22,105.7 Cr | |
| Earnings-TTM | ₹550.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 40.14x | 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 [ ₹22,105.7 Cr] as on Jun 25,2026
(/) Earnings [ ₹550.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.14x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 40.14 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 Mar2025 to Mar2021 averaged 32.36x.
- DEEPAK NITRITE 's operated at median p/e ratio of 29.49x 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 | 550.65 | 40.14 | 22,105.7 |
| SOLAR INDUSTRIES INDIA LTD | 1,736.37 | 90.75 | 157,584.0 |
| PIDILITE INDUSTRIES LTD | 2,473.09 | 65.67 | 162,417.0 |
| SRF LTD | 1,835.18 | 44.13 | 80,980.3 |
| GUJARAT FLUOROCHEMICALS LTD | 575.00 | 74.79 | 43,004.6 |
| GODREJ INDUSTRIES LTD | 1,966.64 | 19.83 | 39,007.1 |
| NAVIN FLUORINE INTERNATIONAL LTD | 663.56 | 58.80 | 39,019.5 |
| ATUL LTD | 683.02 | 28.77 | 19,647.5 |
| TATA CHEMICALS LTD | -1,882.00 | -10.10 | 19,011.2 |
| AARTI INDUSTRIES LTD | 419.00 | 40.31 | 16,890.4 |
| BASF INDIA LTD | 413.25 | 38.32 | 15,835.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -10.10x |
| Max industry PE | 90.75x |
| Median industry PE | 40.31x |
| Average industry PE | 44.67x |
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