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RESONANCE SPECIALTIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RESONANCE SPECIALTIES is 38.30.

Share Price ₹117.8Apr 18,2024
Market Cap ₹135.4 Cr
Earnings-TTM₹3.5 CrTTM-Standalone Results
Price/Earnings38.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RESONANCE SPECIALTIES

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 RESONANCE SPECIALTIES is calculated as :

Current Market Cap [ ₹135.4 Cr] as on Apr 18,2024

(/) Earnings [ ₹3.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 38.30x ]

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

Thus, for RESONANCE SPECIALTIES , the investors are currently willing to pay 38.30 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 RESONANCE SPECIALTIES !

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 RESONANCE SPECIALTIES over the last five years.

Historical PE (Price/Earnings) ratio chart of RESONANCE SPECIALTIES


PE Ratio Performance Analysis for RESONANCE SPECIALTIES

- RESONANCE SPECIALTIES 's latest p/e ratio is 38.30x.

- RESONANCE SPECIALTIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.15x.

- RESONANCE SPECIALTIES 's operated at median p/e ratio of 13.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RESONANCE SPECIALTIES 's p/e ratio peaked in Mar2023 at 17.9x.

- RESONANCE SPECIALTIES 's p/e ratio hit its five-year low in Mar2020 of 5.29x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RESONANCE SPECIALTIES 3.5438.30135.4
PIDILITE INDUSTRIES LTD1,732.5284.28146,024.0
SOLAR INDUSTRIES INDIA LTD855.5490.0177,005.2
SRF LTD1,475.9550.8575,048.8
GUJARAT FLUOROCHEMICALS LTD665.8759.2339,437.8
DEEPAK NITRITE LTD790.8739.7531,435.2
TATA CHEMICALS LTD1,891.0014.9028,167.1
GODREJ INDUSTRIES LTD625.2044.8628,046.3
AARTI INDUSTRIES LTD434.0060.5126,263.4
ATUL LTD349.6349.5817,334.1
VINATI ORGANICS LTD359.7147.1916,975.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 14.90x
Max industry PE 90.01x
Median industry PE 49.58x
Average industry PE 52.68x



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