KIRI INDUSTRIES
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The Current P/E Ratio of KIRI INDUSTRIES is -20.81.
Share Price | ₹360.8 | Apr 18,2024 |
Market Cap | ₹1,868.9 Cr | |
Earnings-TTM | ₹-89.8 Cr | TTM-Consolidated Results |
Price/Earnings | -20.81x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KIRI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
KIRI INDUSTRIES | -89.81 | -20.81 | 1,868.9 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 331.98 | 12.96 | 4,302.1 |
VIDHI SPECIALTY FOOD INGREDIENTS LTD | 34.75 | 66.02 | 2,294.2 |
BODAL CHEMICALS LTD | 7.24 | 135.57 | 981.4 |
BHAGERIA INDUSTRIES LTD | 17.14 | 44.05 | 754.8 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 36.79 | 15.18 | 558.5 |
ASAHI SONGWON COLORS LTD | 3.06 | 125.26 | 382.8 |
PODDAR PIGMENTS LTD | 27.53 | 13.01 | 358.0 |
DYNEMIC PRODUCTS LTD | 3.48 | 96.49 | 335.6 |
VIPUL ORGANICS LTD | 2.60 | 87.86 | 228.2 |
AKSHARCHEM (INDIA) LTD | -14.62 | -15.00 | 219.3 |
Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs KIRI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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