NIKHIL ADHESIVES
|
The Current P/E Ratio of NIKHIL ADHESIVES is 43.18.
Share Price | ₹123.4 | Apr 19,2024 |
Market Cap | ₹566.4 Cr | |
Earnings-TTM | ₹13.1 Cr | TTM-Standalone Results |
Price/Earnings | 43.18x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NIKHIL ADHESIVES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹566.4 Cr] as on Apr 19,2024
(/) Earnings [ ₹13.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.18x ]
Thus, for NIKHIL ADHESIVES , the investors are currently willing to pay 43.18 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 NIKHIL ADHESIVES !
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 NIKHIL ADHESIVES over the last five years.
Historical PE (Price/Earnings) ratio chart of NIKHIL ADHESIVES
PE Ratio Performance Analysis for NIKHIL ADHESIVES
- NIKHIL ADHESIVES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.08x.
- NIKHIL ADHESIVES 's operated at median p/e ratio of 1.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIKHIL ADHESIVES 's p/e ratio peaked in Mar2023 at 26.25x.
- NIKHIL ADHESIVES 's p/e ratio hit its five-year low in Mar2020 of 0.64x.
How does NIKHIL ADHESIVES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NIKHIL ADHESIVES | 13.12 | 43.18 | 566.4 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 83.00 | 143,804.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 90.18 | 77,156.8 |
SRF LTD | 1,475.95 | 50.75 | 74,909.5 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 59.40 | 39,553.7 |
DEEPAK NITRITE LTD | 790.87 | 39.15 | 30,963.9 |
TATA CHEMICALS LTD | 1,891.00 | 14.86 | 28,108.5 |
GODREJ INDUSTRIES LTD | 625.20 | 44.56 | 27,857.8 |
AARTI INDUSTRIES LTD | 434.00 | 60.40 | 26,212.7 |
ATUL LTD | 349.63 | 49.65 | 17,360.0 |
VINATI ORGANICS LTD | 359.71 | 47.39 | 17,046.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NIKHIL ADHESIVES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.86x |
Max industry PE | 90.18x |
Median industry PE | 49.65x |
Average industry PE | 52.96x |
You may also like the below Video Courses