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TUTICORIN ALKALI CHEMICALS AND FERTILIZERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS is 10.58.

Share Price ₹92.2Apr 19,2024
Market Cap ₹1,123.0 Cr
Earnings-TTM₹106.1 CrTTM-Standalone Results
Price/Earnings10.58xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS

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 TUTICORIN ALKALI CHEMICALS AND FERTILIZERS is calculated as :

Current Market Cap [ ₹1,123.0 Cr] as on Apr 19,2024

(/) Earnings [ ₹106.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 10.58x ]

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

Thus, for TUTICORIN ALKALI CHEMICALS AND FERTILIZERS , the investors are currently willing to pay 10.58 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 TUTICORIN ALKALI CHEMICALS AND FERTILIZERS !

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 TUTICORIN ALKALI CHEMICALS AND FERTILIZERS over the last five years.

Historical PE (Price/Earnings) ratio chart of TUTICORIN ALKALI CHEMICALS AND FERTILIZERS


PE Ratio Performance Analysis for TUTICORIN ALKALI CHEMICALS AND FERTILIZERS

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's latest p/e ratio is 10.58x.

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.22x.

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's p/e ratio peaked in Mar2023 at 6.09x.

- TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 106.1310.581,123.0
PIDILITE INDUSTRIES LTD1,732.5283.00143,804.0
SOLAR INDUSTRIES INDIA LTD855.5490.1877,156.8
SRF LTD1,475.9550.7574,909.5
GUJARAT FLUOROCHEMICALS LTD665.8759.4039,553.7
DEEPAK NITRITE LTD790.8739.1530,963.9
TATA CHEMICALS LTD1,891.0014.8628,108.5
GODREJ INDUSTRIES LTD625.2044.5627,857.8
AARTI INDUSTRIES LTD434.0060.4026,212.7
ATUL LTD349.6349.6517,360.0
VINATI ORGANICS LTD359.7147.3917,046.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.58x
Max industry PE 90.18x
Median industry PE 49.65x
Average industry PE 49.99x



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