GODREJ INDUSTRIES
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The Current P/E Ratio of GODREJ INDUSTRIES is 44.86.
Share Price | ₹833.0 | Apr 18,2024 |
Market Cap | ₹28,047.1 Cr | |
Earnings-TTM | ₹625.2 Cr | TTM-Consolidated Results |
Price/Earnings | 44.86x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GODREJ INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹28,047.1 Cr] as on Apr 18,2024
(/) Earnings [ ₹625.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 44.86x ]
Thus, for GODREJ INDUSTRIES , the investors are currently willing to pay 44.86 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 GODREJ INDUSTRIES !
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 GODREJ INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of GODREJ INDUSTRIES
PE Ratio Performance Analysis for GODREJ INDUSTRIES
- GODREJ INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 28.04x.
- GODREJ INDUSTRIES 's operated at median p/e ratio of 23.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GODREJ INDUSTRIES 's p/e ratio peaked in Mar2021 at 54.57x.
- GODREJ INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 13.95x.
How does GODREJ INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GODREJ INDUSTRIES | 625.20 | 44.86 | 28,047.1 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 84.28 | 146,024.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 90.01 | 77,005.2 |
SRF LTD | 1,475.95 | 50.85 | 75,048.8 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 59.23 | 39,437.8 |
DEEPAK NITRITE LTD | 790.87 | 39.75 | 31,435.2 |
TATA CHEMICALS LTD | 1,891.00 | 14.90 | 28,167.1 |
AARTI INDUSTRIES LTD | 434.00 | 60.51 | 26,263.4 |
ATUL LTD | 349.63 | 49.58 | 17,334.1 |
VINATI ORGANICS LTD | 359.71 | 47.19 | 16,975.2 |
HIMADRI SPECIALITY CHEMICAL LTD | 371.71 | 42.58 | 15,827.1 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs GODREJ INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.90x |
Max industry PE | 90.01x |
Median industry PE | 49.58x |
Average industry PE | 53.07x |
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