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SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION is 12.05.

Share Price ₹81.6Apr 24,2024
Market Cap ₹1,661.4 Cr
Earnings-TTM₹137.9 CrTTM-Consolidated Results
Price/Earnings12.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION

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 SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION is calculated as :

Current Market Cap [ ₹1,661.4 Cr] as on Apr 24,2024

(/) Earnings [ ₹137.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.05x ]

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

Thus, for SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION , the investors are currently willing to pay 12.05 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 SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION !

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 SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION


PE Ratio Performance Analysis for SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION

- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's latest p/e ratio is 12.05x.

- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.52x.

- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's operated at median p/e ratio of 8.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's p/e ratio peaked in Mar2022 at 8.93x.

- SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 3.58x.


How does SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's P/E Ratio benchmark against top 10 peers in Fertilizers Industry?

Peer Comparison (Fertilizers Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 137.8612.051,661.4
THE FERTILISERS AND CHEMICALS TRAVANCORE LTD372.97123.3946,019.8
COROMANDEL INTERNATIONAL LTD1,756.1518.2332,022.2
CHAMBAL FERTILISERS AND CHEMICALS LTD1,206.5313.3516,108.2
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD692.0015.1110,453.4
GUJARAT STATE FERTILIZERS & CHEMICALS LTD758.1513.119,940.0
RASHTRIYA CHEMICALS AND FERTILIZERS LTD301.5227.808,382.9
DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD494.9715.567,700.5
PARADEEP PHOSPHATES LTD88.4166.545,882.7
NATIONAL FERTILIZERS LTD-385.88-13.385,164.8
MADHYA BHARAT AGRO PRODUCTS LTD47.7443.222,063.6

Fertilizers Industry Benchmark (Top 10) PE Analysis vs SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -13.38x
Max industry PE 123.39x
Median industry PE 15.56x
Average industry PE 30.45x



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