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SADHANA NITRO CHEM
PE (Price/Earnings) Ratio

The Current P/E Ratio of SADHANA NITRO CHEM is 331.73.

Share Price ₹71.4Apr 24,2024
Market Cap ₹1,764.8 Cr
Earnings-TTM₹5.3 CrTTM-Consolidated Results
Price/Earnings331.73xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SADHANA NITRO CHEM

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 SADHANA NITRO CHEM is calculated as :

Current Market Cap [ ₹1,764.8 Cr] as on Apr 24,2024

(/) Earnings [ ₹5.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 331.73x ]

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

Thus, for SADHANA NITRO CHEM , the investors are currently willing to pay 331.73 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 SADHANA NITRO CHEM !

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 SADHANA NITRO CHEM over the last five years.

Historical PE (Price/Earnings) ratio chart of SADHANA NITRO CHEM


PE Ratio Performance Analysis for SADHANA NITRO CHEM

- SADHANA NITRO CHEM 's latest p/e ratio is 331.73x.

- SADHANA NITRO CHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 191.74x.

- SADHANA NITRO CHEM 's operated at median p/e ratio of 16.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SADHANA NITRO CHEM 's p/e ratio peaked in Mar2023 at 595.94x.

- SADHANA NITRO CHEM 's p/e ratio hit its five-year low in Mar2019 of 0.78x.


How does SADHANA NITRO CHEM 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SADHANA NITRO CHEM 5.32331.731,764.8
PIDILITE INDUSTRIES LTD1,732.5286.64150,106.0
SOLAR INDUSTRIES INDIA LTD855.5493.0879,629.4
SRF LTD1,475.9552.5377,525.5
GUJARAT FLUOROCHEMICALS LTD665.8760.4940,277.6
DEEPAK NITRITE LTD790.8741.2132,593.8
TATA CHEMICALS LTD1,891.0015.1728,695.8
GODREJ INDUSTRIES LTD625.2045.7528,601.9
AARTI INDUSTRIES LTD434.0062.4627,108.1
ATUL LTD349.6349.6817,368.3
VINATI ORGANICS LTD359.7147.2817,007.4

Chemicals Industry Benchmark (Top 10) PE Analysis vs SADHANA NITRO CHEM 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.17x
Max industry PE 331.73x
Median industry PE 52.53x
Average industry PE 80.55x



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