KOTHARI PETROCHEMICALS
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The Current P/E Ratio of KOTHARI PETROCHEMICALS is 12.75.
| Share Price | ₹134.0 | Apr 24,2024 |
| Market Cap | ₹787.6 Cr | |
| Earnings-TTM | ₹61.8 Cr | TTM-Standalone Results |
| Price/Earnings | 12.75x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of KOTHARI 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)
Current Market Cap [ ₹787.6 Cr] as on Apr 24,2024
(/) Earnings [ ₹61.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 12.75x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for KOTHARI PETROCHEMICALS , the investors are currently willing to pay 12.75 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 KOTHARI 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 KOTHARI PETROCHEMICALS over the last five years.
Thus, for KOTHARI PETROCHEMICALS , the investors are currently willing to pay 12.75 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 KOTHARI 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 KOTHARI PETROCHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of KOTHARI PETROCHEMICALS
PE Ratio Performance Analysis for KOTHARI PETROCHEMICALS
- KOTHARI PETROCHEMICALS 's latest p/e ratio is 12.75x.
- KOTHARI PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.63x.
- KOTHARI PETROCHEMICALS 's operated at median p/e ratio of 8.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KOTHARI PETROCHEMICALS 's p/e ratio peaked in Mar2022 at 15.39x.
- KOTHARI PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 3.44x.
- KOTHARI PETROCHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.63x.
- KOTHARI PETROCHEMICALS 's operated at median p/e ratio of 8.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KOTHARI PETROCHEMICALS 's p/e ratio peaked in Mar2022 at 15.39x.
- KOTHARI PETROCHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 3.44x.
How does KOTHARI PETROCHEMICALS 's P/E Ratio benchmark against top 10 peers in Petrochemicals Industry?
| Peer Comparison (Petrochemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| KOTHARI PETROCHEMICALS | 61.77 | 12.75 | 787.6 |
| RAIN INDUSTRIES LTD | 53.06 | 111.95 | 5,939.9 |
| AGARWAL INDUSTRIAL CORPORATION LTD | 99.51 | 13.52 | 1,345.6 |
| VIKAS LIFECARE LTD | -11.38 | -87.15 | 991.3 |
| TAMILNADU PETROPRODUCTS LTD | 48.98 | 16.31 | 798.9 |
| ORICON ENTERPRISES LTD | 19.11 | 35.14 | 671.7 |
| MULTIBASE INDIA LTD | 12.17 | 31.15 | 379.1 |
Petrochemicals Industry Benchmark (Top 10) PE Analysis vs KOTHARI PETROCHEMICALS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -87.15x |
| Max industry PE | 111.95x |
| Median industry PE | 16.31x |
| Average industry PE | 19.10x |
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