DEEPAK NITRITE
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The Current P/E Ratio of DEEPAK NITRITE is 39.03.
Share Price | ₹1,995.6 | Jul 02,2025 |
Market Cap | ₹27,220.0 Cr | |
Earnings-TTM | ₹697.4 Cr | TTM-Consolidated Results |
Price/Earnings | 39.03x | Calculated as Market Cap/Earnings |
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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 [ ₹27,220.0 Cr] as on Jul 02,2025
(/) Earnings [ ₹697.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 39.03x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 39.03 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 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 Ratio | Market Cap |
---|---|---|---|
DEEPAK NITRITE | 697.36 | 39.03 | 27,220.0 |
PIDILITE INDUSTRIES LTD | 2,099.45 | 74.55 | 156,509.0 |
SRF LTD | 1,250.78 | 77.07 | 96,391.4 |
SOLAR INDUSTRIES INDIA LTD | 1,282.38 | 119.48 | 153,214.0 |
GUJARAT FLUOROCHEMICALS LTD | 546.00 | 71.25 | 38,900.6 |
GODREJ INDUSTRIES LTD | 1,483.63 | 26.26 | 38,965.6 |
TATA CHEMICALS LTD | 200.00 | 119.02 | 23,804.4 |
HIMADRI SPECIALITY CHEMICAL LTD | 555.09 | 43.94 | 24,391.2 |
NAVIN FLUORINE INTERNATIONAL LTD | 288.60 | 83.77 | 24,176.2 |
VINATI ORGANICS LTD | 405.26 | 49.18 | 19,928.7 |
ATUL LTD | 487.53 | 45.00 | 21,937.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 26.26x |
Max industry PE | 119.48x |
Median industry PE | 71.25x |
Average industry PE | 68.05x |
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