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VIDHI SPECIALTY FOOD INGREDIENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIDHI SPECIALTY FOOD INGREDIENTS is 67.02.

Share Price ₹466.8Apr 19,2024
Market Cap ₹2,329.1 Cr
Earnings-TTM₹34.8 CrTTM-Consolidated Results
Price/Earnings67.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VIDHI SPECIALTY FOOD INGREDIENTS

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 VIDHI SPECIALTY FOOD INGREDIENTS is calculated as :

Current Market Cap [ ₹2,329.1 Cr] as on Apr 19,2024

(/) Earnings [ ₹34.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 67.02x ]

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

Thus, for VIDHI SPECIALTY FOOD INGREDIENTS , the investors are currently willing to pay 67.02 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 VIDHI SPECIALTY FOOD INGREDIENTS !

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 VIDHI SPECIALTY FOOD INGREDIENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of VIDHI SPECIALTY FOOD INGREDIENTS


PE Ratio Performance Analysis for VIDHI SPECIALTY FOOD INGREDIENTS

- VIDHI SPECIALTY FOOD INGREDIENTS 's latest p/e ratio is 67.02x.

- VIDHI SPECIALTY FOOD INGREDIENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 28.65x.

- VIDHI SPECIALTY FOOD INGREDIENTS 's operated at median p/e ratio of 35.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, VIDHI SPECIALTY FOOD INGREDIENTS 's p/e ratio peaked in Mar2023 at 43.22x.

- VIDHI SPECIALTY FOOD INGREDIENTS 's p/e ratio hit its five-year low in Mar2020 of 6.66x.


How does VIDHI SPECIALTY FOOD INGREDIENTS 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VIDHI SPECIALTY FOOD INGREDIENTS 34.7567.022,329.1
SUDARSHAN CHEMICAL INDUSTRIES LTD331.9813.154,365.1
KIRI INDUSTRIES LTD-89.81-20.461,837.5
BODAL CHEMICALS LTD7.24135.10978.0
BHAGERIA INDUSTRIES LTD17.1445.55780.6
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD36.7914.83545.6
ASAHI SONGWON COLORS LTD3.06126.34386.1
PODDAR PIGMENTS LTD27.5313.30366.2
DYNEMIC PRODUCTS LTD3.4898.38342.2
VIPUL ORGANICS LTD2.6085.03220.8
AKSHARCHEM (INDIA) LTD-14.62-14.94218.5

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs VIDHI SPECIALTY FOOD INGREDIENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -20.46x
Max industry PE 135.10x
Median industry PE 45.55x
Average industry PE 51.21x



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