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INDIAN TONERS & DEVELOPERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIAN TONERS & DEVELOPERS is 11.47.

Share Price ₹261.2Mar 28,2024
Market Cap ₹282.1 Cr
Earnings-TTM₹24.6 CrTTM-Standalone Results
Price/Earnings11.47xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIAN TONERS & DEVELOPERS

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 INDIAN TONERS & DEVELOPERS is calculated as :

Current Market Cap [ ₹282.1 Cr] as on Mar 28,2024

(/) Earnings [ ₹24.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 11.47x ]

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

Thus, for INDIAN TONERS & DEVELOPERS , the investors are currently willing to pay 11.47 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 INDIAN TONERS & DEVELOPERS !

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 INDIAN TONERS & DEVELOPERS over the last five years.

Historical PE (Price/Earnings) ratio chart of INDIAN TONERS & DEVELOPERS


PE Ratio Performance Analysis for INDIAN TONERS & DEVELOPERS

- INDIAN TONERS & DEVELOPERS 's latest p/e ratio is 11.47x.

- INDIAN TONERS & DEVELOPERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.70x.

- INDIAN TONERS & DEVELOPERS 's operated at median p/e ratio of 9.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIAN TONERS & DEVELOPERS 's p/e ratio peaked in Mar2021 at 11.21x.

- INDIAN TONERS & DEVELOPERS 's p/e ratio hit its five-year low in Mar2020 of 5.8x.


How does INDIAN TONERS & DEVELOPERS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INDIAN TONERS & DEVELOPERS 24.5911.47282.1
PIDILITE INDUSTRIES LTD1,732.5288.50153,333.0
SOLAR INDUSTRIES INDIA LTD855.5492.9379,505.0
SRF LTD1,475.9551.3675,812.1
GUJARAT FLUOROCHEMICALS LTD665.8751.1034,024.9
DEEPAK NITRITE LTD790.8736.5928,937.8
TATA CHEMICALS LTD1,891.0014.5627,529.0
GODREJ INDUSTRIES LTD625.2042.0326,275.3
AARTI INDUSTRIES LTD434.0055.6624,155.5
ATUL LTD349.6348.3216,894.3
VINATI ORGANICS LTD359.7142.3915,249.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs INDIAN TONERS & DEVELOPERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.47x
Max industry PE 92.93x
Median industry PE 48.32x
Average industry PE 48.63x



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