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THIRUMALAI CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of THIRUMALAI CHEMICALS is -84.36.

Share Price ₹256.7May 10,2024
Market Cap ₹2,628.6 Cr
Earnings-TTM₹-31.2 CrTTM-Consolidated Results
Price/Earnings-84.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THIRUMALAI 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 THIRUMALAI CHEMICALS is calculated as :

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 ]

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

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 latest p/e ratio is -84.36x.

- 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 RatioMarket Cap
THIRUMALAI CHEMICALS -31.16-84.362,628.6
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
TATA CHEMICALS LTD381.0070.8727,000.3
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

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

Top 10 Industry PeersPE 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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