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ULTRAMARINE & PIGMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ULTRAMARINE & PIGMENTS is 20.26.

Share Price ₹400.1Apr 25,2024
Market Cap ₹1,168.1 Cr
Earnings-TTM₹57.7 CrTTM-Consolidated Results
Price/Earnings20.26xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ULTRAMARINE & PIGMENTS

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 ULTRAMARINE & PIGMENTS is calculated as :

Current Market Cap [ ₹1,168.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹57.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.26x ]

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

Thus, for ULTRAMARINE & PIGMENTS , the investors are currently willing to pay 20.26 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 ULTRAMARINE & PIGMENTS !

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 ULTRAMARINE & PIGMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of ULTRAMARINE & PIGMENTS


PE Ratio Performance Analysis for ULTRAMARINE & PIGMENTS

- ULTRAMARINE & PIGMENTS 's latest p/e ratio is 20.26x.

- ULTRAMARINE & PIGMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 13.00x.

- ULTRAMARINE & PIGMENTS 's operated at median p/e ratio of 15.3x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, ULTRAMARINE & PIGMENTS 's p/e ratio peaked in Mar2022 at 16.28x.

- ULTRAMARINE & PIGMENTS 's p/e ratio hit its five-year low in Mar2020 of 6.66x.


How does ULTRAMARINE & PIGMENTS 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ULTRAMARINE & PIGMENTS 57.6720.261,168.1
PIDILITE INDUSTRIES LTD1,732.5285.66148,412.0
SOLAR INDUSTRIES INDIA LTD855.5493.0679,616.3
SRF LTD1,475.9553.0078,229.5
GUJARAT FLUOROCHEMICALS LTD665.8760.3240,165.0
DEEPAK NITRITE LTD790.8741.7733,033.7
TATA CHEMICALS LTD1,891.0014.9828,335.3
GODREJ INDUSTRIES LTD625.2046.2828,935.2
AARTI INDUSTRIES LTD434.0062.9227,307.4
ATUL LTD349.6349.5017,307.0
VINATI ORGANICS LTD359.7146.2216,624.3

Chemicals Industry Benchmark (Top 10) PE Analysis vs ULTRAMARINE & PIGMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 14.98x
Max industry PE 93.06x
Median industry PE 49.50x
Average industry PE 52.18x



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