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GODREJ INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GODREJ INDUSTRIES is 44.86.

Share Price ₹833.0Apr 18,2024
Market Cap ₹28,047.1 Cr
Earnings-TTM₹625.2 CrTTM-Consolidated Results
Price/Earnings44.86xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GODREJ INDUSTRIES

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 GODREJ INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 44.86x.

- 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 RatioMarket Cap
GODREJ INDUSTRIES 625.2044.8628,047.1
PIDILITE INDUSTRIES LTD1,732.5284.28146,024.0
SOLAR INDUSTRIES INDIA LTD855.5490.0177,005.2
SRF LTD1,475.9550.8575,048.8
GUJARAT FLUOROCHEMICALS LTD665.8759.2339,437.8
DEEPAK NITRITE LTD790.8739.7531,435.2
TATA CHEMICALS LTD1,891.0014.9028,167.1
AARTI INDUSTRIES LTD434.0060.5126,263.4
ATUL LTD349.6349.5817,334.1
VINATI ORGANICS LTD359.7147.1916,975.2
HIMADRI SPECIALITY CHEMICAL LTD371.7142.5815,827.1

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

Top 10 Industry PeersPE 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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