Apar Industries Limited
APARINDS
Rank in Stocks
#2623
Apar Industries Limited, an Indian enterprise established in Mumbai in 1958,... Apar Industries Limited, an Indian enterprise established in Mumbai in 1958, operates primarily in the electrical and metallurgical engineering sectors, offering a diverse array of products globally. The company is a key producer of various oils and petroleum derivatives, including naphthenic and iso-paraffinic transformer oils; liquid paraffins widely used in medical, cosmetic, food, and personal care applications; and petroleum jelly for pharmaceuticals, personal care, and industrial purposes. They also provide a range of process and base oils for industries such as rubber, plastics, metalworking, and general manufacturing, alongside automotive and industrial lubricants, and specialty automotive products like batteries. In the realm of electrical transmission and connectivity, Apar Industries manufactures a comprehensive suite of conductors, including CTC/PICC, railway overhead, T&D overhead, and optical ground wires. Their offerings extend to aluminum, alloy, and copper rods, wires, busbars, and strips, complemented by full turnkey solutions. The company's cable division produces various electrical, elastomer, E-beam, light-duty, and fiber optic cables, alongside specialized cable products and services. Furthermore, Apar Industries develops advanced polymer compounds under its "Aparprene" brand, which include thermoplastic elastomers, thermoplastic vulcanizates, zero halogen flame-retardant materials, and other customizable polymer solutions. Headquartered in Mumbai, India, the company maintains a robust international presence, exporting its wide-ranging product line to numerous countries across the globe.
Share Price
$173.67
Last synced: 2026-10-19
Market Cap
$7.27B
Change (1 day)
-1.86%
Change (1 year)
78.17%
Country
IN
Trade Apar Industries Limited (APARINDS)
Category
Industrials
P/E ratio for Apar Industries Limited (APARINDS)
P/E ratio as of October 2026 TTM: 59.57
According to Apar Industries Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.57. At the end of 2024 the company had a P/E ratio of 32.77.
P/E ratio history for Apar Industries Limited from 2005 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 59.57 | 122.12% |
| 2025 | 26.82 | -18.16% |
| 2024 | 32.77 | 117.99% |
| 2023 | 15.03 | 55.32% |
| 2022 | 9.68 | -14.60% |
| 2021 | 11.33 | 38.87% |
| 2020 | 8.16 | -57.46% |
| 2019 | 19.18 | -3.16% |
| 2018 | 19.81 | 21.25% |
| 2017 | 16.34 | 54.00% |
| 2016 | 10.61 | -63.17% |
| 2015 | 28.81 | 362.93% |
| 2014 | 6.22 | 53.70% |
| 2013 | 4.05 | -51.90% |
| 2012 | 8.42 | 23.96% |
| 2011 | 6.79 | -103.77% |
| 2010 | -180.10 | 152.75% |
| 2009 | -71.26 | -657.26% |
| 2008 | 12.79 | 51.15% |
| 2007 | 8.46 | -47.89% |
| 2006 | 16.23 | 104.71% |
| 2005 | 7.93 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
CH
|
|
| - | - |
CN
|
|
| 41.47 | -30.39% |
IE
|
|
| - | - |
TH
|
|
| 49.30 | -17.25% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.