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IG PETROCHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of IG PETROCHEMICALS is -199.46.

Share Price ₹446.3May 18,2026
Market Cap ₹1,374.5 Cr
Earnings-TTM₹-6.9 CrTTM-Consolidated Results
Price/Earnings-199.46xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of IG PETROCHEMICALS

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 IG PETROCHEMICALS is calculated as :

Current Market Cap [ ₹1,374.5 Cr] as on May 18,2026

(/) Earnings [ ₹-6.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -199.46x ]

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

Thus, for IG PETROCHEMICALS , the investors are currently willing to pay -199.46 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 IG PETROCHEMICALS !

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 IG PETROCHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of IG PETROCHEMICALS


PE Ratio Performance Analysis for IG PETROCHEMICALS

- IG PETROCHEMICALS 's latest p/e ratio is -199.46x.

- IG PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 13.36x.

- IG PETROCHEMICALS 's operated at median p/e ratio of 8.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IG PETROCHEMICALS 's p/e ratio peaked in Mar2024 at 33.52x.

- IG PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2023 of 6.33x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
IG PETROCHEMICALS -6.89-199.461,374.5
SOLAR INDUSTRIES INDIA LTD1,736.3793.93163,093.0
PIDILITE INDUSTRIES LTD2,473.0959.66147,537.0
SRF LTD1,835.1842.6378,232.4
GUJARAT FLUOROCHEMICALS LTD656.0061.7740,522.0
GODREJ INDUSTRIES LTD1,966.6419.8439,010.4
NAVIN FLUORINE INTERNATIONAL LTD663.5653.3935,429.9
DEEPAK NITRITE LTD550.6543.3023,841.5
ATUL LTD683.0229.6420,244.2
TATA CHEMICALS LTD-1,882.00-9.8818,597.2
AARTI INDUSTRIES LTD419.0039.9616,742.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -199.46x
Max industry PE 93.93x
Median industry PE 42.63x
Average industry PE 21.34x



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