MEGHMANI ORGANICS
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The Current P/E Ratio of MEGHMANI ORGANICS is -36.85.
Share Price | ₹70.1 | May 07,2025 |
Market Cap | ₹1,782.9 Cr | |
Earnings-TTM | ₹-48.4 Cr | TTM-Consolidated Results |
Price/Earnings | -36.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MEGHMANI ORGANICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MEGHMANI ORGANICS | -48.39 | -36.85 | 1,782.9 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 76.70 | 151,664.0 |
SRF LTD | 1,146.93 | 78.91 | 90,505.9 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 102.43 | 120,239.0 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 93.82 | 42,781.1 |
GODREJ INDUSTRIES LTD | 1,519.02 | 24.93 | 37,864.4 |
DEEPAK NITRITE LTD | 748.70 | 36.20 | 27,102.0 |
TATA CHEMICALS LTD | 200.00 | 105.25 | 21,050.5 |
HIMADRI SPECIALITY CHEMICAL LTD | 555.09 | 37.87 | 21,023.2 |
NAVIN FLUORINE INTERNATIONAL LTD | 264.00 | 87.81 | 23,182.6 |
VINATI ORGANICS LTD | 386.36 | 44.33 | 17,126.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs MEGHMANI ORGANICS 's P/E Ratio
Top 10 Industry Peers | PE 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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