PRIMO CHEMICALS
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The Current P/E Ratio of PRIMO CHEMICALS is -70.78.
| Share Price | ₹44.3 | Apr 19,2024 |
| Market Cap | ₹1,073.9 Cr | |
| Earnings-TTM | ₹-15.2 Cr | TTM-Consolidated Results |
| Price/Earnings | -70.78x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PRIMO CHEMICALS
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)
Current Market Cap [ ₹1,073.9 Cr] as on Apr 19,2024
(/) Earnings [ ₹-15.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -70.78x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for PRIMO CHEMICALS , the investors are currently willing to pay -70.78 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 PRIMO CHEMICALS !
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 PRIMO CHEMICALS over the last five years.
Thus, for PRIMO CHEMICALS , the investors are currently willing to pay -70.78 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 PRIMO CHEMICALS !
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 PRIMO CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of PRIMO CHEMICALS
PE Ratio Performance Analysis for PRIMO CHEMICALS
- PRIMO CHEMICALS 's latest p/e ratio is -70.78x.
- PRIMO CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Jun2003 averaged 11.26x.
- PRIMO CHEMICALS 's operated at median p/e ratio of 6.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRIMO CHEMICALS 's p/e ratio peaked in Mar2022 at 35.28x.
- PRIMO CHEMICALS 's p/e ratio hit its five-year low in Jun2003 of 0x.
- PRIMO CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Jun2003 averaged 11.26x.
- PRIMO CHEMICALS 's operated at median p/e ratio of 6.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRIMO CHEMICALS 's p/e ratio peaked in Mar2022 at 35.28x.
- PRIMO CHEMICALS 's p/e ratio hit its five-year low in Jun2003 of 0x.
How does PRIMO CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
| Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| PRIMO CHEMICALS | -15.17 | -70.78 | 1,073.9 |
| PIDILITE INDUSTRIES LTD | 1,732.52 | 83.00 | 143,804.0 |
| SOLAR INDUSTRIES INDIA LTD | 855.54 | 90.18 | 77,156.8 |
| SRF LTD | 1,475.95 | 50.75 | 74,909.5 |
| GUJARAT FLUOROCHEMICALS LTD | 665.87 | 59.40 | 39,553.7 |
| DEEPAK NITRITE LTD | 790.87 | 39.15 | 30,963.9 |
| TATA CHEMICALS LTD | 1,891.00 | 14.86 | 28,108.5 |
| GODREJ INDUSTRIES LTD | 625.20 | 44.56 | 27,857.8 |
| AARTI INDUSTRIES LTD | 434.00 | 60.40 | 26,212.7 |
| ATUL LTD | 349.63 | 49.65 | 17,360.0 |
| VINATI ORGANICS LTD | 359.71 | 47.39 | 17,046.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs PRIMO CHEMICALS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -70.78x |
| Max industry PE | 90.18x |
| Median industry PE | 49.65x |
| Average industry PE | 42.60x |
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