HINDCON CHEMICALS
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The Current P/E Ratio of HINDCON CHEMICALS is 44.98.
Share Price | ₹50.9 | Apr 25,2024 |
Market Cap | ₹260.6 Cr | |
Earnings-TTM | ₹5.8 Cr | TTM-Consolidated Results |
Price/Earnings | 44.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDCON CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹260.6 Cr] as on Apr 25,2024
(/) Earnings [ ₹5.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 44.98x ]
Thus, for HINDCON CHEMICALS , the investors are currently willing to pay 44.98 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 HINDCON CHEMICALS !
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 HINDCON CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDCON CHEMICALS
PE Ratio Performance Analysis for HINDCON CHEMICALS
- HINDCON CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.07x.
- HINDCON CHEMICALS 's operated at median p/e ratio of 6.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDCON CHEMICALS 's p/e ratio peaked in Mar2023 at 14.72x.
- HINDCON CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 2.97x.
How does HINDCON CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDCON CHEMICALS | 5.79 | 44.98 | 260.6 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 85.66 | 148,412.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 93.06 | 79,616.3 |
SRF LTD | 1,475.95 | 53.00 | 78,229.5 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 60.32 | 40,165.0 |
DEEPAK NITRITE LTD | 790.87 | 41.77 | 33,033.7 |
TATA CHEMICALS LTD | 1,891.00 | 14.98 | 28,335.3 |
GODREJ INDUSTRIES LTD | 625.20 | 46.28 | 28,935.2 |
AARTI INDUSTRIES LTD | 434.00 | 62.92 | 27,307.4 |
ATUL LTD | 349.63 | 49.50 | 17,307.0 |
VINATI ORGANICS LTD | 359.71 | 46.22 | 16,624.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs HINDCON CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.98x |
Max industry PE | 93.06x |
Median industry PE | 49.50x |
Average industry PE | 54.43x |
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