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FOSECO INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of FOSECO INDIA is 29.97.

Share Price ₹3,417.3Apr 24,2024
Market Cap ₹2,187.0 Cr
Earnings-TTM₹73.0 CrTTM-Standalone Results
Price/Earnings29.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FOSECO 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 FOSECO INDIA is calculated as :

Current Market Cap [ ₹2,187.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹73.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 29.97x ]

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

Thus, for FOSECO INDIA , the investors are currently willing to pay 29.97 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 FOSECO 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 FOSECO INDIA over the last five years.

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


PE Ratio Performance Analysis for FOSECO INDIA

- FOSECO INDIA 's latest p/e ratio is 29.97x.

- FOSECO INDIA 's p/e ratio for fiscal years ending Dec2022 to Dec2018 averaged 32.29x.

- FOSECO INDIA 's operated at median p/e ratio of 27.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FOSECO INDIA 's p/e ratio peaked in Dec2020 at 54.25x.

- FOSECO INDIA 's p/e ratio hit its five-year low in Dec2019 of 24.15x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
FOSECO INDIA 72.9829.972,187.0
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 FOSECO INDIA '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 53.11x



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