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DIC INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of DIC INDIA is -18.97.

Share Price ₹467.6Apr 25,2024
Market Cap ₹430.2 Cr
Earnings-TTM₹-22.7 CrTTM-Standalone Results
Price/Earnings-18.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DIC INDIA

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 DIC INDIA is calculated as :

Current Market Cap [ ₹430.2 Cr] as on Apr 25,2024

(/) Earnings [ ₹-22.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -18.97x ]

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

Thus, for DIC INDIA , the investors are currently willing to pay -18.97 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 DIC INDIA !

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 DIC INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of DIC INDIA


PE Ratio Performance Analysis for DIC INDIA

- DIC INDIA 's latest p/e ratio is -18.97x.

- DIC INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 11.69x.

- DIC INDIA 's operated at median p/e ratio of 8.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DIC INDIA 's p/e ratio peaked in Dec2021 at 29.23x.

- DIC INDIA 's p/e ratio hit its five-year low in Dec2023 of 0x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DIC INDIA -22.68-18.97430.2
PIDILITE INDUSTRIES LTD1,732.5285.66148,412.0
SOLAR INDUSTRIES INDIA LTD855.5493.0679,616.3
SRF LTD1,475.9553.0078,229.5
GUJARAT FLUOROCHEMICALS LTD665.8760.3240,165.0
DEEPAK NITRITE LTD790.8741.7733,033.7
TATA CHEMICALS LTD1,891.0014.9828,335.3
GODREJ INDUSTRIES LTD625.2046.2828,935.2
AARTI INDUSTRIES LTD434.0062.9227,307.4
ATUL LTD349.6349.5017,307.0
VINATI ORGANICS LTD359.7146.2216,624.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -18.97x
Max industry PE 93.06x
Median industry PE 49.50x
Average industry PE 48.61x



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