SUNSHIELD CHEMICALS
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The Current P/E Ratio of SUNSHIELD CHEMICALS is 36.08.
Share Price | ₹789.8 | May 08,2024 |
Market Cap | ₹584.4 Cr | |
Earnings-TTM | ₹16.2 Cr | TTM-Standalone Results |
Price/Earnings | 36.08x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SUNSHIELD CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹584.4 Cr] as on May 08,2024
(/) Earnings [ ₹16.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 36.08x ]
Thus, for SUNSHIELD CHEMICALS , the investors are currently willing to pay 36.08 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 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 Ratio | Market Cap |
---|---|---|---|
SUNSHIELD CHEMICALS | 16.20 | 36.08 | 584.4 |
PIDILITE INDUSTRIES LTD | 1,751.47 | 81.79 | 143,255.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 91.95 | 78,664.4 |
SRF LTD | 1,335.71 | 51.90 | 69,320.4 |
GUJARAT FLUOROCHEMICALS LTD | 434.95 | 83.58 | 36,353.8 |
DEEPAK NITRITE LTD | 790.87 | 43.19 | 34,156.2 |
TATA CHEMICALS LTD | 381.00 | 72.18 | 27,499.7 |
GODREJ INDUSTRIES LTD | 625.20 | 46.56 | 29,106.9 |
AARTI INDUSTRIES LTD | 434.00 | 58.98 | 25,596.4 |
ATUL LTD | 314.42 | 57.20 | 17,983.6 |
VINATI ORGANICS LTD | 359.71 | 46.40 | 16,690.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs SUNSHIELD CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 36.08x |
Max industry PE | 91.95x |
Median industry PE | 57.20x |
Average industry PE | 60.89x |
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