HEUBACH COLORANTS INDIA
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The Current P/E Ratio of HEUBACH COLORANTS INDIA is 24.30.
Share Price | ₹468.2 | Apr 16,2024 |
Market Cap | ₹1,081.5 Cr | |
Earnings-TTM | ₹44.5 Cr | TTM-Standalone Results |
Price/Earnings | 24.30x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HEUBACH COLORANTS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,081.5 Cr] as on Apr 16,2024
(/) Earnings [ ₹44.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.30x ]
Thus, for HEUBACH COLORANTS INDIA , the investors are currently willing to pay 24.30 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 HEUBACH COLORANTS 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 HEUBACH COLORANTS INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of HEUBACH COLORANTS INDIA
PE Ratio Performance Analysis for HEUBACH COLORANTS INDIA
- HEUBACH COLORANTS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 23.15x.
- HEUBACH COLORANTS INDIA 's operated at median p/e ratio of 24.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEUBACH COLORANTS INDIA 's p/e ratio peaked in Mar2019 at 45.15x.
- HEUBACH COLORANTS INDIA 's p/e ratio hit its five-year low in Mar2021 of 3.92x.
How does HEUBACH COLORANTS INDIA 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HEUBACH COLORANTS INDIA | 44.51 | 24.30 | 1,081.5 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 84.58 | 146,535.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 89.44 | 76,520.2 |
SRF LTD | 1,475.95 | 50.56 | 74,630.9 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 58.36 | 38,858.9 |
DEEPAK NITRITE LTD | 790.87 | 40.03 | 31,660.9 |
TATA CHEMICALS LTD | 1,891.00 | 14.90 | 28,183.7 |
GODREJ INDUSTRIES LTD | 625.20 | 45.27 | 28,302.2 |
AARTI INDUSTRIES LTD | 434.00 | 62.59 | 27,164.2 |
ATUL LTD | 349.63 | 50.34 | 17,599.8 |
VINATI ORGANICS LTD | 359.71 | 45.05 | 16,204.5 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HEUBACH COLORANTS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.90x |
Max industry PE | 89.44x |
Median industry PE | 50.34x |
Average industry PE | 51.40x |
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