INDIAN TONERS & DEVELOPERS
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The Current P/E Ratio of INDIAN TONERS & DEVELOPERS is 11.47.
Share Price | ₹261.2 | Mar 28,2024 |
Market Cap | ₹282.1 Cr | |
Earnings-TTM | ₹24.6 Cr | TTM-Standalone Results |
Price/Earnings | 11.47x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN TONERS & DEVELOPERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
INDIAN TONERS & DEVELOPERS | 24.59 | 11.47 | 282.1 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 88.50 | 153,333.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 92.93 | 79,505.0 |
SRF LTD | 1,475.95 | 51.36 | 75,812.1 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 51.10 | 34,024.9 |
DEEPAK NITRITE LTD | 790.87 | 36.59 | 28,937.8 |
TATA CHEMICALS LTD | 1,891.00 | 14.56 | 27,529.0 |
GODREJ INDUSTRIES LTD | 625.20 | 42.03 | 26,275.3 |
AARTI INDUSTRIES LTD | 434.00 | 55.66 | 24,155.5 |
ATUL LTD | 349.63 | 48.32 | 16,894.3 |
VINATI ORGANICS LTD | 359.71 | 42.39 | 15,249.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs INDIAN TONERS & DEVELOPERS 's P/E Ratio
Top 10 Industry Peers | PE 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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