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DIAMINES & CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DIAMINES & CHEMICALS is 24.85.

Share Price ₹589.8Apr 24,2024
Market Cap ₹578.0 Cr
Earnings-TTM₹23.3 CrTTM-Consolidated Results
Price/Earnings24.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DIAMINES & CHEMICALS

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 DIAMINES & CHEMICALS is calculated as :

Current Market Cap [ ₹578.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹23.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.85x ]

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

Thus, for DIAMINES & CHEMICALS , the investors are currently willing to pay 24.85 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 DIAMINES & CHEMICALS !

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 DIAMINES & CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of DIAMINES & CHEMICALS


PE Ratio Performance Analysis for DIAMINES & CHEMICALS

- DIAMINES & CHEMICALS 's latest p/e ratio is 24.85x.

- DIAMINES & CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2015 averaged 34.04x.

- DIAMINES & CHEMICALS 's operated at median p/e ratio of 12.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DIAMINES & CHEMICALS 's p/e ratio peaked in Mar2016 at 132.58x.

- DIAMINES & CHEMICALS 's p/e ratio hit its five-year low in Mar2015 of 0x.


How does DIAMINES & CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DIAMINES & CHEMICALS 23.2624.85578.0
PIDILITE INDUSTRIES LTD1,732.5286.64150,106.0
SOLAR INDUSTRIES INDIA LTD855.5493.0879,629.4
SRF LTD1,475.9552.5377,525.5
GUJARAT FLUOROCHEMICALS LTD665.8760.4940,277.6
DEEPAK NITRITE LTD790.8741.2132,593.8
TATA CHEMICALS LTD1,891.0015.1728,695.8
GODREJ INDUSTRIES LTD625.2045.7528,601.9
AARTI INDUSTRIES LTD434.0062.4627,108.1
ATUL LTD349.6349.6817,368.3
VINATI ORGANICS LTD359.7147.2817,007.4

Chemicals Industry Benchmark (Top 10) PE Analysis vs DIAMINES & CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.17x
Max industry PE 93.08x
Median industry PE 49.68x
Average industry PE 52.65x



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