Home > PE Ratio > TATA CHEMICALS

TATA CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TATA CHEMICALS is 70.88.

Share Price ₹1,059.9May 10,2024
Market Cap ₹27,005.0 Cr
Earnings-TTM₹381.0 CrTTM-Consolidated Results
Price/Earnings70.88xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for TATA CHEMICALS
Please provide your vote to see the results
TATA CHEMICALS is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of TATA 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 TATA CHEMICALS is calculated as :

Current Market Cap [ ₹27,005.0 Cr] as on May 10,2024

(/) Earnings [ ₹381.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 70.88x ]

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

Thus, for TATA CHEMICALS , the investors are currently willing to pay 70.88 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 TATA 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 TATA CHEMICALS over the last five years.

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


PE Ratio Performance Analysis for TATA CHEMICALS

- TATA CHEMICALS 's latest p/e ratio is 70.88x.

- TATA CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 23.77x.

- TATA CHEMICALS 's operated at median p/e ratio of 12.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TATA CHEMICALS 's p/e ratio peaked in Mar2021 at 74.65x.

- TATA CHEMICALS 's p/e ratio hit its five-year low in Mar2020 of 0.81x.


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

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TATA CHEMICALS 381.0070.8827,005.0
PIDILITE INDUSTRIES LTD1,751.4784.78148,494.0
SOLAR INDUSTRIES INDIA LTD855.5493.7180,170.6
SRF LTD1,335.7150.5367,494.5
GUJARAT FLUOROCHEMICALS LTD434.9582.9136,061.6
DEEPAK NITRITE LTD790.8742.9934,002.8
GODREJ INDUSTRIES LTD625.2044.3027,694.5
AARTI INDUSTRIES LTD417.0058.4624,378.4
ATUL LTD314.4255.9217,582.6
VINATI ORGANICS LTD359.7145.3416,310.2
HIMADRI SPECIALITY CHEMICAL LTD410.6841.5717,072.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 41.57x
Max industry PE 93.71x
Median industry PE 55.92x
Average industry PE 61.04x



You may also like the below Video Courses