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PREMIER EXPLOSIVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PREMIER EXPLOSIVES is 112.09.

Share Price ₹2,499.4Apr 25,2024
Market Cap ₹2,699.4 Cr
Earnings-TTM₹24.1 CrTTM-Consolidated Results
Price/Earnings112.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PREMIER EXPLOSIVES

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 PREMIER EXPLOSIVES is calculated as :

Current Market Cap [ ₹2,699.4 Cr] as on Apr 25,2024

(/) Earnings [ ₹24.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 112.09x ]

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

Thus, for PREMIER EXPLOSIVES , the investors are currently willing to pay 112.09 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 PREMIER EXPLOSIVES !

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 PREMIER EXPLOSIVES over the last five years.

Historical PE (Price/Earnings) ratio chart of PREMIER EXPLOSIVES


PE Ratio Performance Analysis for PREMIER EXPLOSIVES

- PREMIER EXPLOSIVES 's latest p/e ratio is 112.09x.

- PREMIER EXPLOSIVES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.79x.

- PREMIER EXPLOSIVES 's operated at median p/e ratio of 23.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMIER EXPLOSIVES 's p/e ratio peaked in Mar2022 at 62.95x.

- PREMIER EXPLOSIVES 's p/e ratio hit its five-year low in Mar2021 of 0x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PREMIER EXPLOSIVES 24.08112.092,699.4
PIDILITE INDUSTRIES LTD1,732.5285.66148,412.0
SOLAR INDUSTRIES INDIA LTD855.5493.0679,616.3
SRF LTD1,475.9553.0078,229.5
GUJARAT FLUOROCHEMICALS LTD665.8760.3240,165.0
DEEPAK NITRITE LTD790.8741.7733,033.7
TATA CHEMICALS LTD1,891.0014.9828,335.3
GODREJ INDUSTRIES LTD625.2046.2828,935.2
AARTI INDUSTRIES LTD434.0062.9227,307.4
ATUL LTD349.6349.5017,307.0
VINATI ORGANICS LTD359.7146.2216,624.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 14.98x
Max industry PE 112.09x
Median industry PE 53.00x
Average industry PE 60.53x



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