FINEOTEX CHEMICAL
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The Current P/E Ratio of FINEOTEX CHEMICAL is 23.15.
Share Price | ₹241.6 | Apr 25,2025 |
Market Cap | ₹2,768.2 Cr | |
Earnings-TTM | ₹119.6 Cr | TTM-Consolidated Results |
Price/Earnings | 23.15x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of FINEOTEX CHEMICAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,768.2 Cr] as on Apr 25,2025
(/) Earnings [ ₹119.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.15x ]
Thus, for FINEOTEX CHEMICAL , the investors are currently willing to pay 23.15 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 FINEOTEX CHEMICAL !
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 FINEOTEX CHEMICAL over the last five years.
Historical PE (Price/Earnings) ratio chart of FINEOTEX CHEMICAL
PE Ratio Performance Analysis for FINEOTEX CHEMICAL
- FINEOTEX CHEMICAL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 25.83x.
- FINEOTEX CHEMICAL 's operated at median p/e ratio of 29.21x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FINEOTEX CHEMICAL 's p/e ratio peaked in Mar2022 at 36.15x.
- FINEOTEX CHEMICAL 's p/e ratio hit its five-year low in Mar2020 of 12.6x.
How does FINEOTEX CHEMICAL 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
FINEOTEX CHEMICAL | 119.55 | 23.15 | 2,768.2 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 77.32 | 152,890.0 |
SRF LTD | 1,146.93 | 76.77 | 88,053.0 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 98.40 | 115,507.0 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 95.94 | 43,746.1 |
GODREJ INDUSTRIES LTD | 1,519.02 | 24.36 | 37,002.3 |
DEEPAK NITRITE LTD | 748.70 | 35.72 | 26,744.6 |
TATA CHEMICALS LTD | -538.00 | -39.13 | 21,051.8 |
HIMADRI SPECIALITY CHEMICAL LTD | 555.09 | 40.56 | 22,512.1 |
NAVIN FLUORINE INTERNATIONAL LTD | 264.00 | 83.51 | 22,046.0 |
VINATI ORGANICS LTD | 386.36 | 45.60 | 17,617.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs FINEOTEX CHEMICAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -39.13x |
Max industry PE | 98.40x |
Median industry PE | 45.60x |
Average industry PE | 51.11x |
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