PREMIER EXPLOSIVES
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The Current P/E Ratio of PREMIER EXPLOSIVES is 108.83.
Share Price | ₹2,426.9 | May 03,2024 |
Market Cap | ₹2,621.1 Cr | |
Earnings-TTM | ₹24.1 Cr | TTM-Consolidated Results |
Price/Earnings | 108.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PREMIER EXPLOSIVES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,621.1 Cr] as on May 03,2024
(/) Earnings [ ₹24.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 108.83x ]
Thus, for PREMIER EXPLOSIVES , the investors are currently willing to pay 108.83 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 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 Ratio | Market Cap |
---|---|---|---|
PREMIER EXPLOSIVES | 24.08 | 108.83 | 2,621.1 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 86.60 | 150,032.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 95.19 | 81,439.7 |
SRF LTD | 1,475.95 | 51.54 | 76,073.0 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 59.09 | 39,348.3 |
DEEPAK NITRITE LTD | 790.87 | 42.16 | 33,339.9 |
TATA CHEMICALS LTD | 381.00 | 72.93 | 27,786.3 |
GODREJ INDUSTRIES LTD | 625.20 | 46.83 | 29,278.6 |
AARTI INDUSTRIES LTD | 434.00 | 61.71 | 26,783.6 |
ATUL LTD | 314.42 | 57.50 | 18,077.7 |
VINATI ORGANICS LTD | 359.71 | 46.89 | 16,865.9 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs PREMIER EXPLOSIVES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 42.16x |
Max industry PE | 108.83x |
Median industry PE | 59.09x |
Average industry PE | 66.30x |
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