NIKHIL ADHESIVES
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The Current P/E Ratio of NIKHIL ADHESIVES is 31.71.
| Share Price | ₹99.9 | Nov 26,2025 |
| Market Cap | ₹458.5 Cr | |
| Earnings-TTM | ₹14.5 Cr | TTM-Standalone Results |
| Price/Earnings | 31.71x | 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 [ ₹458.5 Cr] as on Nov 26,2025
(/) Earnings [ ₹14.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 31.71x ]
Thus, for NIKHIL ADHESIVES , the investors are currently willing to pay 31.71 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 Mar2025 to Mar2021 averaged 19.09x.
- NIKHIL ADHESIVES 's operated at median p/e ratio of 23.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NIKHIL ADHESIVES 's p/e ratio peaked in Mar2024 at 43.03x.
- NIKHIL ADHESIVES 's p/e ratio hit its five-year low in Mar2021 of 1.11x.
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 | 14.46 | 31.71 | 458.5 |
| PIDILITE INDUSTRIES LTD | 2,248.70 | 67.18 | 151,075.0 |
| SRF LTD | 1,617.64 | 51.46 | 83,250.9 |
| SOLAR INDUSTRIES INDIA LTD | 1,400.18 | 86.91 | 121,691.0 |
| GUJARAT FLUOROCHEMICALS LTD | 680.00 | 55.66 | 37,852.1 |
| GODREJ INDUSTRIES LTD | 1,629.57 | 21.75 | 35,440.1 |
| DEEPAK NITRITE LTD | 531.63 | 40.20 | 21,373.5 |
| TATA CHEMICALS LTD | 229.00 | 90.74 | 20,779.2 |
| HIMADRI SPECIALITY CHEMICAL LTD | 652.11 | 34.52 | 22,511.6 |
| NAVIN FLUORINE INTERNATIONAL LTD | 444.12 | 67.09 | 29,794.3 |
| VINATI ORGANICS LTD | 435.81 | 38.05 | 16,583.4 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NIKHIL ADHESIVES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 21.75x |
| Max industry PE | 90.74x |
| Median industry PE | 51.46x |
| Average industry PE | 53.21x |
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