VIDHI SPECIALTY FOOD INGREDIENTS
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The Current P/E Ratio of VIDHI SPECIALTY FOOD INGREDIENTS is 67.02.
Share Price | ₹466.8 | Apr 19,2024 |
Market Cap | ₹2,329.1 Cr | |
Earnings-TTM | ₹34.8 Cr | TTM-Consolidated Results |
Price/Earnings | 67.02x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIDHI SPECIALTY FOOD INGREDIENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
VIDHI SPECIALTY FOOD INGREDIENTS | 34.75 | 67.02 | 2,329.1 |
SUDARSHAN CHEMICAL INDUSTRIES LTD | 331.98 | 13.15 | 4,365.1 |
KIRI INDUSTRIES LTD | -89.81 | -20.46 | 1,837.5 |
BODAL CHEMICALS LTD | 7.24 | 135.10 | 978.0 |
BHAGERIA INDUSTRIES LTD | 17.14 | 45.55 | 780.6 |
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD | 36.79 | 14.83 | 545.6 |
ASAHI SONGWON COLORS LTD | 3.06 | 126.34 | 386.1 |
PODDAR PIGMENTS LTD | 27.53 | 13.30 | 366.2 |
DYNEMIC PRODUCTS LTD | 3.48 | 98.38 | 342.2 |
VIPUL ORGANICS LTD | 2.60 | 85.03 | 220.8 |
AKSHARCHEM (INDIA) LTD | -14.62 | -14.94 | 218.5 |
Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs VIDHI SPECIALTY FOOD INGREDIENTS 's P/E Ratio
Top 10 Industry Peers | PE 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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