DEEPAK NITRITE
|
The Current P/E Ratio of DEEPAK NITRITE is 30.50.
| Share Price | ₹1,751.6 | Aug 27,2026 |
| Market Cap | ₹23,891.1 Cr | |
| Earnings-TTM | ₹783.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 30.50x | 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 [ ₹23,891.1 Cr] as on Aug 27,2026
(/) Earnings [ ₹783.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.50x ]
Thus, for DEEPAK NITRITE , the investors are currently willing to pay 30.50 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 | 30.50 | 23,891.1 |
| SOLAR INDUSTRIES INDIA LTD | 2,041.43 | 91.11 | 186,002.0 |
| PIDILITE INDUSTRIES LTD | 2,676.38 | 63.08 | 168,815.0 |
| SRF LTD | 2,161.73 | 35.54 | 76,833.3 |
| GUJARAT FLUOROCHEMICALS LTD | 612.00 | 83.89 | 51,339.5 |
| GODREJ INDUSTRIES LTD | 1,733.33 | 22.36 | 38,754.7 |
| NAVIN FLUORINE INTERNATIONAL LTD | 789.70 | 55.70 | 43,987.5 |
| ATUL LTD | 804.37 | 24.09 | 19,377.1 |
| TATA CHEMICALS LTD | -2,079.00 | -7.89 | 16,408.8 |
| AARTI INDUSTRIES LTD | 531.00 | 36.82 | 19,549.2 |
| BASF INDIA LTD | 623.67 | 26.71 | 16,658.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs DEEPAK NITRITE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -7.89x |
| Max industry PE | 91.11x |
| Median industry PE | 35.54x |
| Average industry PE | 41.99x |
You may also like the below Video Courses