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SUNSHIELD CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUNSHIELD CHEMICALS is 37.23.

Share Price ₹815.0Mar 28,2024
Market Cap ₹603.1 Cr
Earnings-TTM₹16.2 CrTTM-Standalone Results
Price/Earnings37.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUNSHIELD CHEMICALS

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 SUNSHIELD CHEMICALS is calculated as :

Current Market Cap [ ₹603.1 Cr] as on Mar 28,2024

(/) Earnings [ ₹16.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 37.23x ]

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

Thus, for SUNSHIELD CHEMICALS , the investors are currently willing to pay 37.23 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 SUNSHIELD CHEMICALS !

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 SUNSHIELD CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of SUNSHIELD CHEMICALS


PE Ratio Performance Analysis for SUNSHIELD CHEMICALS

- SUNSHIELD CHEMICALS 's latest p/e ratio is 37.23x.

- SUNSHIELD CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 133.82x.

- SUNSHIELD CHEMICALS 's operated at median p/e ratio of 30.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUNSHIELD CHEMICALS 's p/e ratio peaked in Mar2019 at 534.36x.

- SUNSHIELD CHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 10.07x.


How does SUNSHIELD CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUNSHIELD CHEMICALS 16.2037.23603.1
PIDILITE INDUSTRIES LTD1,732.5288.50153,333.0
SOLAR INDUSTRIES INDIA LTD855.5492.9379,505.0
SRF LTD1,475.9551.3675,812.1
GUJARAT FLUOROCHEMICALS LTD665.8751.1034,024.9
DEEPAK NITRITE LTD790.8736.5928,937.8
TATA CHEMICALS LTD1,891.0014.5627,529.0
GODREJ INDUSTRIES LTD625.2042.0326,275.3
AARTI INDUSTRIES LTD434.0055.6624,155.5
ATUL LTD349.6348.3216,894.3
VINATI ORGANICS LTD359.7142.3915,249.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs SUNSHIELD CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 14.56x
Max industry PE 92.93x
Median industry PE 48.32x
Average industry PE 50.97x



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