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SUMITOMO CHEMICAL INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUMITOMO CHEMICAL INDIA is 60.45.

Share Price ₹402.1Apr 23,2024
Market Cap ₹20,068.8 Cr
Earnings-TTM₹332.0 CrTTM-Consolidated Results
Price/Earnings60.45xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUMITOMO CHEMICAL INDIA

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 SUMITOMO CHEMICAL INDIA is calculated as :

Current Market Cap [ ₹20,068.8 Cr] as on Apr 23,2024

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

(=) P/E Ratio [ 60.45x ]

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

Thus, for SUMITOMO CHEMICAL INDIA , the investors are currently willing to pay 60.45 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 SUMITOMO CHEMICAL INDIA !

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 SUMITOMO CHEMICAL INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of SUMITOMO CHEMICAL INDIA


PE Ratio Performance Analysis for SUMITOMO CHEMICAL INDIA

- SUMITOMO CHEMICAL INDIA 's latest p/e ratio is 60.45x.

- SUMITOMO CHEMICAL INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 36.40x.

- SUMITOMO CHEMICAL INDIA 's operated at median p/e ratio of 42.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUMITOMO CHEMICAL INDIA 's p/e ratio peaked in Mar2022 at 52.98x.

- SUMITOMO CHEMICAL INDIA 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does SUMITOMO CHEMICAL INDIA 's P/E Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUMITOMO CHEMICAL INDIA 331.9860.4520,068.8
PI INDUSTRIES LTD1,583.3035.3856,013.6
UPL LTD-551.00-67.5137,196.4
BAYER CROPSCIENCE LTD803.0031.1725,033.4
BASF INDIA LTD484.2331.8215,409.9
RALLIS INDIA LTD148.0035.625,271.1
DHANUKA AGRITECH LTD245.3825.546,267.7
BHARAT RASAYAN LTD58.3168.153,973.5
SHARDA CROPCHEM LTD87.2738.503,359.8
INDIA PESTICIDES LTD88.9429.582,630.9
ASTEC LIFESCIENCES LTD-50.90-48.792,483.7

Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs SUMITOMO CHEMICAL INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -67.51x
Max industry PE 68.15x
Median industry PE 31.82x
Average industry PE 21.81x



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