NEOGEN CHEMICALS
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The Current P/E Ratio of NEOGEN CHEMICALS is 120.83.
Share Price | ₹1,504.0 | Apr 26,2024 |
Market Cap | ₹3,970.6 Cr | |
Earnings-TTM | ₹32.9 Cr | TTM-Consolidated Results |
Price/Earnings | 120.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NEOGEN CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,970.6 Cr] as on Apr 26,2024
(/) Earnings [ ₹32.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 120.83x ]
Thus, for NEOGEN CHEMICALS , the investors are currently willing to pay 120.83 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 NEOGEN CHEMICALS !
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 NEOGEN CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of NEOGEN CHEMICALS
PE Ratio Performance Analysis for NEOGEN CHEMICALS
- NEOGEN CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 50.90x.
- NEOGEN CHEMICALS 's operated at median p/e ratio of 64.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NEOGEN CHEMICALS 's p/e ratio peaked in Mar2022 at 97.51x.
- NEOGEN CHEMICALS 's p/e ratio hit its five-year low in Mar2019 of 0x.
How does NEOGEN CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NEOGEN CHEMICALS | 32.86 | 120.83 | 3,970.6 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 87.53 | 151,652.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 92.92 | 79,493.7 |
SRF LTD | 1,475.95 | 52.97 | 78,183.5 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 60.26 | 40,128.2 |
DEEPAK NITRITE LTD | 790.87 | 42.74 | 33,801.6 |
TATA CHEMICALS LTD | 1,891.00 | 15.12 | 28,595.1 |
GODREJ INDUSTRIES LTD | 625.20 | 46.83 | 29,278.6 |
AARTI INDUSTRIES LTD | 434.00 | 62.59 | 27,162.4 |
ATUL LTD | 349.63 | 49.93 | 17,455.3 |
VINATI ORGANICS LTD | 359.71 | 47.23 | 16,989.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NEOGEN CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.12x |
Max industry PE | 120.83x |
Median industry PE | 52.97x |
Average industry PE | 61.72x |
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