ROSSARI BIOTECH
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The Current P/E Ratio of ROSSARI BIOTECH is 33.29.
Share Price | ₹756.0 | Apr 23,2024 |
Market Cap | ₹4,173.1 Cr | |
Earnings-TTM | ₹125.3 Cr | TTM-Consolidated Results |
Price/Earnings | 33.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ROSSARI BIOTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,173.1 Cr] as on Apr 23,2024
(/) Earnings [ ₹125.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.29x ]
Thus, for ROSSARI BIOTECH , the investors are currently willing to pay 33.29 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 ROSSARI BIOTECH !
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 ROSSARI BIOTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of ROSSARI BIOTECH
PE Ratio Performance Analysis for ROSSARI BIOTECH
- ROSSARI BIOTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.85x.
- ROSSARI BIOTECH 's operated at median p/e ratio of 30.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ROSSARI BIOTECH 's p/e ratio peaked in Mar2021 at 67.17x.
- ROSSARI BIOTECH 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ROSSARI BIOTECH 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ROSSARI BIOTECH | 125.34 | 33.29 | 4,173.1 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 85.61 | 148,313.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 91.41 | 78,203.8 |
SRF LTD | 1,475.95 | 52.56 | 77,574.4 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 61.38 | 40,874.1 |
DEEPAK NITRITE LTD | 790.87 | 40.87 | 32,323.8 |
TATA CHEMICALS LTD | 1,891.00 | 15.02 | 28,397.7 |
GODREJ INDUSTRIES LTD | 625.20 | 46.04 | 28,785.4 |
AARTI INDUSTRIES LTD | 434.00 | 61.85 | 26,841.6 |
ATUL LTD | 349.63 | 49.91 | 17,449.7 |
VINATI ORGANICS LTD | 359.71 | 47.73 | 17,169.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs ROSSARI BIOTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.02x |
Max industry PE | 91.41x |
Median industry PE | 49.91x |
Average industry PE | 53.24x |
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