Deepak Fertilizers, which has gained over 19%, is currently trading at 77.69 times earnings, well above its five-year average multiple of 50.20 times. In contrast, peers such as Coromandel are trading at 32.5 times, below their long-term average of 50.18 times. Rashtriya Chemicals and Fertilizers Ltd, down 13%, is similarly valued at 16.31 times, compared with its long-term average multiple of 50.5 times, while GNFC, up nearly 9%, is trading at just 7.64 times, against a long-term average of 50.57 times, Bloomberg data showed.
