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ARIES AGRO
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARIES AGRO is 23.32.

Share Price ₹269.3Apr 25,2024
Market Cap ₹350.0 Cr
Earnings-TTM₹15.0 CrTTM-Consolidated Results
Price/Earnings23.32xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARIES AGRO

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 ARIES AGRO is calculated as :

Current Market Cap [ ₹350.0 Cr] as on Apr 25,2024

(/) Earnings [ ₹15.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.32x ]

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

Thus, for ARIES AGRO , the investors are currently willing to pay 23.32 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 ARIES AGRO !

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 ARIES AGRO over the last five years.

Historical PE (Price/Earnings) ratio chart of ARIES AGRO


PE Ratio Performance Analysis for ARIES AGRO

- ARIES AGRO 's latest p/e ratio is 23.32x.

- ARIES AGRO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.95x.

- ARIES AGRO 's operated at median p/e ratio of 11.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARIES AGRO 's p/e ratio peaked in Mar2019 at 14.65x.

- ARIES AGRO 's p/e ratio hit its five-year low in Mar2020 of 4.91x.


How does ARIES AGRO 's P/E Ratio benchmark against top 10 peers in Fertilizers Industry?

Peer Comparison (Fertilizers Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARIES AGRO 15.0123.32350.0
THE FERTILISERS AND CHEMICALS TRAVANCORE LTD372.97124.3246,369.2
COROMANDEL INTERNATIONAL LTD1,667.1719.7032,840.7
CHAMBAL FERTILISERS AND CHEMICALS LTD1,206.5313.5816,378.7
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD692.0015.0510,415.2
GUJARAT STATE FERTILIZERS & CHEMICALS LTD758.1513.149,963.9
RASHTRIYA CHEMICALS AND FERTILIZERS LTD301.5227.588,316.7
DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD494.9715.817,825.2
PARADEEP PHOSPHATES LTD88.4165.615,800.4
NATIONAL FERTILIZERS LTD-385.88-13.285,124.1
MADHYA BHARAT AGRO PRODUCTS LTD47.7445.082,152.1

Fertilizers Industry Benchmark (Top 10) PE Analysis vs ARIES AGRO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -13.28x
Max industry PE 124.32x
Median industry PE 19.70x
Average industry PE 31.81x



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