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VIKAS ECOTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIKAS ECOTECH is 86.76.

Share Price ₹4.0Apr 26,2024
Market Cap ₹549.8 Cr
Earnings-TTM₹6.3 CrTTM-Standalone Results
Price/Earnings86.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VIKAS ECOTECH

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 VIKAS ECOTECH is calculated as :

Current Market Cap [ ₹549.8 Cr] as on Apr 26,2024

(/) Earnings [ ₹6.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 86.76x ]

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

Thus, for VIKAS ECOTECH , the investors are currently willing to pay 86.76 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 VIKAS ECOTECH !

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 VIKAS ECOTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of VIKAS ECOTECH


PE Ratio Performance Analysis for VIKAS ECOTECH

- VIKAS ECOTECH 's latest p/e ratio is 86.76x.

- VIKAS ECOTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 83.16x.

- VIKAS ECOTECH 's operated at median p/e ratio of 18.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VIKAS ECOTECH 's p/e ratio peaked in Mar2022 at 358.78x.

- VIKAS ECOTECH 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does VIKAS ECOTECH 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VIKAS ECOTECH 6.3486.76549.8
PIDILITE INDUSTRIES LTD1,732.5287.53151,652.0
SOLAR INDUSTRIES INDIA LTD855.5492.9279,493.7
SRF LTD1,475.9552.9778,183.5
GUJARAT FLUOROCHEMICALS LTD665.8760.2640,128.2
DEEPAK NITRITE LTD790.8742.7433,801.6
TATA CHEMICALS LTD1,891.0015.1228,595.1
GODREJ INDUSTRIES LTD625.2046.8329,278.6
AARTI INDUSTRIES LTD434.0062.5927,162.4
ATUL LTD314.4255.5217,455.3
VINATI ORGANICS LTD359.7147.2316,989.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 15.12x
Max industry PE 92.92x
Median industry PE 55.52x
Average industry PE 59.13x



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