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PODDAR PIGMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PODDAR PIGMENTS is 13.36.

Share Price ₹347.0Apr 24,2024
Market Cap ₹367.8 Cr
Earnings-TTM₹27.5 CrTTM-Standalone Results
Price/Earnings13.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PODDAR PIGMENTS

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 PODDAR PIGMENTS is calculated as :

Current Market Cap [ ₹367.8 Cr] as on Apr 24,2024

(/) Earnings [ ₹27.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.36x ]

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

Thus, for PODDAR PIGMENTS , the investors are currently willing to pay 13.36 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 PODDAR PIGMENTS !

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 PODDAR PIGMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of PODDAR PIGMENTS


PE Ratio Performance Analysis for PODDAR PIGMENTS

- PODDAR PIGMENTS 's latest p/e ratio is 13.36x.

- PODDAR PIGMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.02x.

- PODDAR PIGMENTS 's operated at median p/e ratio of 9.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PODDAR PIGMENTS 's p/e ratio peaked in Mar2022 at 14.84x.

- PODDAR PIGMENTS 's p/e ratio hit its five-year low in Mar2020 of 5.71x.


How does PODDAR PIGMENTS 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PODDAR PIGMENTS 27.5313.36367.8
SUDARSHAN CHEMICAL INDUSTRIES LTD331.9815.445,125.2
VIDHI SPECIALTY FOOD INGREDIENTS LTD34.7568.082,365.9
KIRI INDUSTRIES LTD-89.81-21.901,966.6
BODAL CHEMICALS LTD7.24139.361,008.8
BHAGERIA INDUSTRIES LTD17.1445.60781.5
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD36.7916.12593.1
ASAHI SONGWON COLORS LTD3.06139.38425.9
DYNEMIC PRODUCTS LTD3.48103.87361.3
VIPUL ORGANICS LTD2.6091.36237.3
AKSHARCHEM (INDIA) LTD-14.62-15.43225.7

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs PODDAR PIGMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -21.90x
Max industry PE 139.38x
Median industry PE 45.60x
Average industry PE 54.11x



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