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HINDUSTAN ADHESIVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN ADHESIVES is 8.33.

Share Price ₹356.0Aug 21,2026
Market Cap ₹181.6 Cr
Earnings-TTM₹21.8 CrTTM-Consolidated Results
Price/Earnings8.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN ADHESIVES

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 HINDUSTAN ADHESIVES is calculated as :

Current Market Cap [ ₹181.6 Cr] as on Aug 21,2026

(/) Earnings [ ₹21.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 8.33x ]

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

Thus, for HINDUSTAN ADHESIVES , the investors are currently willing to pay 8.33 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 HINDUSTAN ADHESIVES !

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 HINDUSTAN ADHESIVES over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN ADHESIVES


PE Ratio Performance Analysis for HINDUSTAN ADHESIVES

- HINDUSTAN ADHESIVES 's latest p/e ratio is 8.33x.

- HINDUSTAN ADHESIVES 's p/e ratio for fiscal years ending Mar2025 to Mar2016 averaged 12.10x.

- HINDUSTAN ADHESIVES 's operated at median p/e ratio of 11.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN ADHESIVES 's p/e ratio peaked in Mar2023 at 20.58x.

- HINDUSTAN ADHESIVES 's p/e ratio hit its five-year low in Mar2017 of 6.35x.


How does HINDUSTAN ADHESIVES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN ADHESIVES 21.798.33181.6
SUPREME INDUSTRIES LTD883.3352.0846,004.1
ASTRAL LTD575.7071.6341,237.8
GARWARE HITECH FILMS LTD387.8642.5316,497.4
SHAILY ENGINEERING PLASTICS LTD176.8086.4215,279.2
FINOLEX INDUSTRIES LTD577.8317.229,952.5
TIME TECHNOPLAST LTD497.9218.599,258.1
KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD225.6834.877,869.4
RESPONSIVE INDUSTRIES LTD101.3040.864,139.1
PRINCE PIPES AND FITTINGS LTD102.1130.693,133.9
POLYPLEX CORPORATION LTD271.8113.783,744.7

Plastic Products Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN ADHESIVES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.33x
Max industry PE 86.42x
Median industry PE 34.87x
Average industry PE 37.91x



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