MAHICKRADyes And Pigments
Mahickra Chemicals Ltd — PE Ratio & Valuation Analysis
₹212.00
+0.48%
Current P/E59.12xPrice to earnings
Industry P/E19.00xSector average
4Y Avg P/E21.8x171.2% above avg
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211.2% Premium to Industry
MAHICKRA P/E 59.12x vs sector avg 19.00x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2023 | ₹4.05 | ₹101 | 25x |
| 2022 | ₹4.12 | ₹80 | 19.5x |
| 2021 | ₹3.83 | ₹80 | 20.9x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Mahickra Chemicals Ltd Valuation
Mahickra Chemicals Ltd (MAHICKRA) currently trades at 59.12x earnings. The Dyes And Pigments sector average PE is 19.00x. MAHICKRA commands a premium, reflecting high growth expectations. Historically, MAHICKRA has traded at an average PE of 21.8x — it is currently above that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
7.33%
Dividend Yield
0.13%
More on Mahickra Chemicals Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.