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VINYL CHEMICALS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of VINYL CHEMICALS (INDIA) is 29.96.

Share Price ₹357.6May 10,2024
Market Cap ₹654.3 Cr
Earnings-TTM₹21.8 CrTTM-Standalone Results
Price/Earnings29.96xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VINYL CHEMICALS (INDIA)

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 VINYL CHEMICALS (INDIA) is calculated as :

Current Market Cap [ ₹654.3 Cr] as on May 10,2024

(/) Earnings [ ₹21.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 29.96x ]

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

Thus, for VINYL CHEMICALS (INDIA) , the investors are currently willing to pay 29.96 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 VINYL CHEMICALS (INDIA) !

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 VINYL CHEMICALS (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of VINYL CHEMICALS (INDIA)


PE Ratio Performance Analysis for VINYL CHEMICALS (INDIA)

- VINYL CHEMICALS (INDIA) 's latest p/e ratio is 29.96x.

- VINYL CHEMICALS (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.34x.

- VINYL CHEMICALS (INDIA) 's operated at median p/e ratio of 16.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VINYL CHEMICALS (INDIA) 's p/e ratio peaked in Mar2021 at 18.74x.

- VINYL CHEMICALS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 10.28x.


How does VINYL CHEMICALS (INDIA) 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VINYL CHEMICALS (INDIA) 21.8429.96654.3
ADANI ENTERPRISES LTD3,293.1896.90319,109.0
REDINGTON LTD1,243.1113.0616,237.5
HONASA CONSUMER LTD77.66179.0013,900.3
MMTC LTD49.62208.7710,359.0
MSTC LTD239.5623.515,632.0
LLOYDS ENTERPRISES LTD174.8024.474,276.9
VERITAS (INDIA) LTD191.6218.853,612.0
NOVARTIS INDIA LTD85.1930.902,632.5
OPTIEMUS INFRACOM LTD53.2341.662,217.7
MISHTANN FOODS LTD26.0172.891,896.1

Trading Industry Benchmark (Top 10) PE Analysis vs VINYL CHEMICALS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.06x
Max industry PE 208.77x
Median industry PE 30.90x
Average industry PE 67.27x



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