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SUDARSHAN CHEMICAL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUDARSHAN CHEMICAL INDUSTRIES is 15.17.

Share Price ₹727.9Apr 25,2024
Market Cap ₹5,036.7 Cr
Earnings-TTM₹332.0 CrTTM-Consolidated Results
Price/Earnings15.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUDARSHAN CHEMICAL INDUSTRIES

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 SUDARSHAN CHEMICAL INDUSTRIES is calculated as :

Current Market Cap [ ₹5,036.7 Cr] as on Apr 25,2024

(/) Earnings [ ₹332.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 15.17x ]

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

Thus, for SUDARSHAN CHEMICAL INDUSTRIES , the investors are currently willing to pay 15.17 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 SUDARSHAN CHEMICAL INDUSTRIES !

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 SUDARSHAN CHEMICAL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SUDARSHAN CHEMICAL INDUSTRIES


PE Ratio Performance Analysis for SUDARSHAN CHEMICAL INDUSTRIES

- SUDARSHAN CHEMICAL INDUSTRIES 's latest p/e ratio is 15.17x.

- SUDARSHAN CHEMICAL INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.82x.

- SUDARSHAN CHEMICAL INDUSTRIES 's operated at median p/e ratio of 25.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUDARSHAN CHEMICAL INDUSTRIES 's p/e ratio peaked in Mar2023 at 60.33x.

- SUDARSHAN CHEMICAL INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 17.68x.


How does SUDARSHAN CHEMICAL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUDARSHAN CHEMICAL INDUSTRIES 331.9815.175,036.7
VIDHI SPECIALTY FOOD INGREDIENTS LTD34.7566.212,301.0
KIRI INDUSTRIES LTD-89.81-21.801,958.3
BODAL CHEMICALS LTD7.24138.941,005.8
BHAGERIA INDUSTRIES LTD17.1445.56780.8
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD36.7915.88584.3
ASAHI SONGWON COLORS LTD3.06136.91418.4
PODDAR PIGMENTS LTD27.5313.48371.1
DYNEMIC PRODUCTS LTD3.48104.06361.9
VIPUL ORGANICS LTD2.6090.26234.4
AKSHARCHEM (INDIA) LTD-14.62-15.11221.0

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs SUDARSHAN CHEMICAL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -21.80x
Max industry PE 138.94x
Median industry PE 45.56x
Average industry PE 53.60x



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