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HINDCON CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDCON CHEMICALS is 38.80.

Share Price ₹23.4May 15,2026
Market Cap ₹119.6 Cr
Earnings-TTM₹3.1 CrTTM-Consolidated Results
Price/Earnings38.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDCON CHEMICALS

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 HINDCON CHEMICALS is calculated as :

Current Market Cap [ ₹119.6 Cr] as on May 15,2026

(/) Earnings [ ₹3.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.80x ]

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

Thus, for HINDCON CHEMICALS , the investors are currently willing to pay 38.80 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 latest p/e ratio is 38.80x.

- HINDCON CHEMICALS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 16.82x.

- HINDCON CHEMICALS 's operated at median p/e ratio of 12.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDCON CHEMICALS 's p/e ratio peaked in Mar2025 at 32.4x.

- HINDCON CHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 2.81x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDCON CHEMICALS 3.0838.80119.6
PIDILITE INDUSTRIES LTD2,473.0960.35149,252.0
SRF LTD1,835.1843.4379,698.3
SOLAR INDUSTRIES INDIA LTD1,736.3790.43157,015.0
GUJARAT FLUOROCHEMICALS LTD656.0062.2040,803.2
GODREJ INDUSTRIES LTD1,966.6419.3938,128.0
DEEPAK NITRITE LTD550.6545.2524,917.6
TATA CHEMICALS LTD-1,882.00-10.1419,080.0
HIMADRI SPECIALITY CHEMICAL LTD755.0739.8230,065.6
NAVIN FLUORINE INTERNATIONAL LTD663.5654.1135,902.5
VINATI ORGANICS LTD443.7630.9113,715.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -10.14x
Max industry PE 90.43x
Median industry PE 43.43x
Average industry PE 43.14x



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