NOCIL
|
The Current P/E Ratio of NOCIL is 38.37.
Share Price | ₹275.9 | Apr 24,2024 |
Market Cap | ₹4,596.5 Cr | |
Earnings-TTM | ₹119.8 Cr | TTM-Consolidated Results |
Price/Earnings | 38.37x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NOCIL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,596.5 Cr] as on Apr 24,2024
(/) Earnings [ ₹119.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 38.37x ]
Thus, for NOCIL , the investors are currently willing to pay 38.37 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 NOCIL !
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 NOCIL over the last five years.
Historical PE (Price/Earnings) ratio chart of NOCIL
PE Ratio Performance Analysis for NOCIL
- NOCIL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.20x.
- NOCIL 's operated at median p/e ratio of 23.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NOCIL 's p/e ratio peaked in Mar2021 at 32.83x.
- NOCIL 's p/e ratio hit its five-year low in Mar2020 of 8.34x.
How does NOCIL 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NOCIL | 119.78 | 38.37 | 4,596.5 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 86.64 | 150,106.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 93.08 | 79,629.4 |
SRF LTD | 1,475.95 | 52.53 | 77,525.5 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 60.49 | 40,277.6 |
DEEPAK NITRITE LTD | 790.87 | 41.21 | 32,593.8 |
TATA CHEMICALS LTD | 1,891.00 | 15.17 | 28,695.8 |
GODREJ INDUSTRIES LTD | 625.20 | 45.75 | 28,601.9 |
AARTI INDUSTRIES LTD | 434.00 | 62.46 | 27,108.1 |
ATUL LTD | 349.63 | 49.68 | 17,368.3 |
VINATI ORGANICS LTD | 359.71 | 47.28 | 17,007.4 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NOCIL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.17x |
Max industry PE | 93.08x |
Median industry PE | 49.68x |
Average industry PE | 53.88x |
You may also like the below Video Courses