NIKHIL ADHESIVES
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The Current P/E Ratio of NIKHIL ADHESIVES is 29.05.
| Share Price | ₹91.6 | May 27,2026 |
| Market Cap | ₹420.6 Cr | |
| Earnings-TTM | ₹14.5 Cr | TTM-Standalone Results |
| Price/Earnings | 29.05x | 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 [ ₹420.6 Cr] as on May 27,2026
(/) Earnings [ ₹14.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.05x ]
Thus, for NIKHIL ADHESIVES , the investors are currently willing to pay 29.05 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 | 14.48 | 29.05 | 420.6 |
| SOLAR INDUSTRIES INDIA LTD | 1,736.37 | 97.24 | 168,847.0 |
| PIDILITE INDUSTRIES LTD | 2,473.09 | 60.93 | 150,687.0 |
| SRF LTD | 1,835.18 | 44.23 | 81,173.0 |
| GUJARAT FLUOROCHEMICALS LTD | 575.00 | 70.35 | 40,449.5 |
| GODREJ INDUSTRIES LTD | 1,966.64 | 19.41 | 38,168.4 |
| NAVIN FLUORINE INTERNATIONAL LTD | 663.56 | 56.01 | 37,164.3 |
| DEEPAK NITRITE LTD | 550.65 | 42.50 | 23,400.9 |
| ATUL LTD | 683.02 | 30.14 | 20,584.2 |
| TATA CHEMICALS LTD | -1,882.00 | -10.48 | 19,725.8 |
| AARTI INDUSTRIES LTD | 419.00 | 43.31 | 18,146.0 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NIKHIL ADHESIVES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -10.48x |
| Max industry PE | 97.24x |
| Median industry PE | 43.31x |
| Average industry PE | 43.88x |
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