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MEGHMANI ORGANICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MEGHMANI ORGANICS is -36.85.

Share Price ₹70.1May 07,2025
Market Cap ₹1,782.9 Cr
Earnings-TTM₹-48.4 CrTTM-Consolidated Results
Price/Earnings-36.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MEGHMANI ORGANICS

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 MEGHMANI ORGANICS is calculated as :

Current Market Cap [ ₹1,782.9 Cr] as on May 07,2025

(/) Earnings [ ₹-48.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -36.85x ]

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

Thus, for MEGHMANI ORGANICS , the investors are currently willing to pay -36.85 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 MEGHMANI ORGANICS !

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 MEGHMANI ORGANICS over the last five years.

Historical PE (Price/Earnings) ratio chart of MEGHMANI ORGANICS


PE Ratio Performance Analysis for MEGHMANI ORGANICS

- MEGHMANI ORGANICS 's latest p/e ratio is -36.85x.

- MEGHMANI ORGANICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.40x.

- MEGHMANI ORGANICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MEGHMANI ORGANICS 's p/e ratio peaked in Mar2022 at 8.71x.

- MEGHMANI ORGANICS 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does MEGHMANI ORGANICS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MEGHMANI ORGANICS -48.39-36.851,782.9
PIDILITE INDUSTRIES LTD1,977.4076.70151,664.0
SRF LTD1,146.9378.9190,505.9
SOLAR INDUSTRIES INDIA LTD1,173.84102.43120,239.0
GUJARAT FLUOROCHEMICALS LTD455.9793.8242,781.1
GODREJ INDUSTRIES LTD1,519.0224.9337,864.4
DEEPAK NITRITE LTD748.7036.2027,102.0
TATA CHEMICALS LTD200.00105.2521,050.5
HIMADRI SPECIALITY CHEMICAL LTD555.0937.8721,023.2
NAVIN FLUORINE INTERNATIONAL LTD264.0087.8123,182.6
VINATI ORGANICS LTD386.3644.3317,126.6

Chemicals Industry Benchmark (Top 10) PE Analysis vs MEGHMANI ORGANICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -36.85x
Max industry PE 105.25x
Median industry PE 76.70x
Average industry PE 59.22x



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