THIRUMALAI CHEMICALS
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The Current P/E Ratio of THIRUMALAI CHEMICALS is -84.36.
Share Price | ₹256.7 | May 10,2024 |
Market Cap | ₹2,628.6 Cr | |
Earnings-TTM | ₹-31.2 Cr | TTM-Consolidated Results |
Price/Earnings | -84.36x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THIRUMALAI CHEMICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,628.6 Cr] as on May 10,2024
(/) Earnings [ ₹-31.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -84.36x ]
Thus, for THIRUMALAI CHEMICALS , the investors are currently willing to pay -84.36 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 THIRUMALAI 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 THIRUMALAI CHEMICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of THIRUMALAI CHEMICALS
PE Ratio Performance Analysis for THIRUMALAI CHEMICALS
- THIRUMALAI CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.07x.
- THIRUMALAI CHEMICALS 's operated at median p/e ratio of 9.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THIRUMALAI CHEMICALS 's p/e ratio peaked in Mar2023 at 19.59x.
- THIRUMALAI CHEMICALS 's p/e ratio hit its five-year low in Mar2021 of 7.44x.
How does THIRUMALAI CHEMICALS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
THIRUMALAI CHEMICALS | -31.16 | -84.36 | 2,628.6 |
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 |
TATA CHEMICALS LTD | 381.00 | 70.87 | 27,000.3 |
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 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs THIRUMALAI CHEMICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -84.36x |
Max industry PE | 93.71x |
Median industry PE | 55.92x |
Average industry PE | 49.59x |
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