TATA CHEMICALS
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The Current P/E Ratio of TATA CHEMICALS is 70.88.
Share Price | ₹1,059.9 | May 10,2024 |
Market Cap | ₹27,005.0 Cr | |
Earnings-TTM | ₹381.0 Cr | TTM-Consolidated Results |
Price/Earnings | 70.88x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TATA CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TATA CHEMICALS | 381.00 | 70.88 | 27,005.0 |
PIDILITE INDUSTRIES LTD | 1,751.47 | 84.78 | 148,494.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 93.71 | 80,170.6 |
SRF LTD | 1,335.71 | 50.53 | 67,494.5 |
GUJARAT FLUOROCHEMICALS LTD | 434.95 | 82.91 | 36,061.6 |
DEEPAK NITRITE LTD | 790.87 | 42.99 | 34,002.8 |
GODREJ INDUSTRIES LTD | 625.20 | 44.30 | 27,694.5 |
AARTI INDUSTRIES LTD | 417.00 | 58.46 | 24,378.4 |
ATUL LTD | 314.42 | 55.92 | 17,582.6 |
VINATI ORGANICS LTD | 359.71 | 45.34 | 16,310.2 |
HIMADRI SPECIALITY CHEMICAL LTD | 410.68 | 41.57 | 17,072.7 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs TATA CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 41.57x |
Max industry PE | 93.71x |
Median industry PE | 55.92x |
Average industry PE | 61.04x |
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