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KIRI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KIRI INDUSTRIES is -20.81.

Share Price ₹360.8Apr 18,2024
Market Cap ₹1,868.9 Cr
Earnings-TTM₹-89.8 CrTTM-Consolidated Results
Price/Earnings-20.81xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KIRI INDUSTRIES

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 KIRI INDUSTRIES is calculated as :

Current Market Cap [ ₹1,868.9 Cr] as on Apr 18,2024

(/) Earnings [ ₹-89.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -20.81x ]

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

Thus, for KIRI INDUSTRIES , the investors are currently willing to pay -20.81 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 KIRI INDUSTRIES !

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 KIRI INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of KIRI INDUSTRIES


PE Ratio Performance Analysis for KIRI INDUSTRIES

- KIRI INDUSTRIES 's latest p/e ratio is -20.81x.

- KIRI INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.55x.

- KIRI INDUSTRIES 's operated at median p/e ratio of 6.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KIRI INDUSTRIES 's p/e ratio peaked in Mar2023 at 13.78x.

- KIRI INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 2.42x.


How does KIRI INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KIRI INDUSTRIES -89.81-20.811,868.9
SUDARSHAN CHEMICAL INDUSTRIES LTD331.9812.964,302.1
VIDHI SPECIALTY FOOD INGREDIENTS LTD34.7566.022,294.2
BODAL CHEMICALS LTD7.24135.57981.4
BHAGERIA INDUSTRIES LTD17.1444.05754.8
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD36.7915.18558.5
ASAHI SONGWON COLORS LTD3.06125.26382.8
PODDAR PIGMENTS LTD27.5313.01358.0
DYNEMIC PRODUCTS LTD3.4896.49335.6
VIPUL ORGANICS LTD2.6087.86228.2
AKSHARCHEM (INDIA) LTD-14.62-15.00219.3

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs KIRI INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -20.81x
Max industry PE 135.57x
Median industry PE 44.05x
Average industry PE 50.96x



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