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HINDUSTAN ORGANIC CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN ORGANIC CHEMICALS is -6.04.

Share Price ₹43.1Apr 16,2024
Market Cap ₹289.8 Cr
Earnings-TTM₹-48.0 CrTTM-Consolidated Results
Price/Earnings-6.04xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN ORGANIC 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 HINDUSTAN ORGANIC CHEMICALS is calculated as :

Current Market Cap [ ₹289.8 Cr] as on Apr 16,2024

(/) Earnings [ ₹-48.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -6.04x ]

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

Thus, for HINDUSTAN ORGANIC CHEMICALS , the investors are currently willing to pay -6.04 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 ORGANIC 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 HINDUSTAN ORGANIC CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN ORGANIC CHEMICALS


PE Ratio Performance Analysis for HINDUSTAN ORGANIC CHEMICALS

- HINDUSTAN ORGANIC CHEMICALS 's latest p/e ratio is -6.04x.

- HINDUSTAN ORGANIC CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.47x.

- HINDUSTAN ORGANIC CHEMICALS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN ORGANIC CHEMICALS 's p/e ratio peaked in Mar2021 at 105.2x.

- HINDUSTAN ORGANIC CHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 0x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN ORGANIC CHEMICALS -47.99-6.04289.8
PIDILITE INDUSTRIES LTD1,732.5284.58146,535.0
SOLAR INDUSTRIES INDIA LTD855.5489.4476,520.2
SRF LTD1,475.9550.5674,630.9
GUJARAT FLUOROCHEMICALS LTD665.8758.3638,858.9
DEEPAK NITRITE LTD790.8740.0331,660.9
TATA CHEMICALS LTD1,891.0014.9028,183.7
GODREJ INDUSTRIES LTD625.2045.2728,302.2
AARTI INDUSTRIES LTD434.0062.5927,164.2
ATUL LTD349.6350.3417,599.8
VINATI ORGANICS LTD359.7145.0516,204.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -6.04x
Max industry PE 89.44x
Median industry PE 50.34x
Average industry PE 48.64x



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