Home > PE Ratio > PIDILITE INDUSTRIES

PIDILITE INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PIDILITE INDUSTRIES is 86.64.

Share Price ₹2,951.3Apr 24,2024
Market Cap ₹150,103.1 Cr
Earnings-TTM₹1,732.5 CrTTM-Consolidated Results
Price/Earnings86.64xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for PIDILITE INDUSTRIES
Please provide your vote to see the results
PIDILITE INDUSTRIES is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks
Best 1M Momentum Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of PIDILITE INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of PIDILITE INDUSTRIES is calculated as :

Current Market Cap [ ₹150,103.1 Cr] as on Apr 24,2024

(/) Earnings [ ₹1,732.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 86.64x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for PIDILITE INDUSTRIES , the investors are currently willing to pay 86.64 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 PIDILITE INDUSTRIES !

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 PIDILITE INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PIDILITE INDUSTRIES


PE Ratio Performance Analysis for PIDILITE INDUSTRIES

- PIDILITE INDUSTRIES 's latest p/e ratio is 86.64x.

- PIDILITE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 81.72x.

- PIDILITE INDUSTRIES 's operated at median p/e ratio of 81.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PIDILITE INDUSTRIES 's p/e ratio peaked in Mar2022 at 103.35x.

- PIDILITE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 61.74x.


How does PIDILITE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PIDILITE INDUSTRIES 1,732.5286.64150,103.1
SOLAR INDUSTRIES INDIA LTD855.5493.0879,629.4
SRF LTD1,475.9552.5377,525.5
GUJARAT FLUOROCHEMICALS LTD665.8760.4940,277.6
DEEPAK NITRITE LTD790.8741.2132,593.8
TATA CHEMICALS LTD1,891.0015.1728,695.8
GODREJ INDUSTRIES LTD625.2045.7528,601.9
AARTI INDUSTRIES LTD434.0062.4627,108.1
ATUL LTD349.6349.6817,368.3
VINATI ORGANICS LTD359.7147.2817,007.4
HIMADRI SPECIALITY CHEMICAL LTD371.7148.0617,863.9

Chemicals Industry Benchmark (Top 10) PE Analysis vs PIDILITE INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.17x
Max industry PE 93.08x
Median industry PE 49.68x
Average industry PE 54.76x



You may also like the below Video Courses