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BEST AGROLIFE
PE (Price/Earnings) Ratio

The Current P/E Ratio of BEST AGROLIFE is 8.90.

Share Price ₹642.7Apr 18,2024
Market Cap ₹1,516.7 Cr
Earnings-TTM₹170.4 CrTTM-Consolidated Results
Price/Earnings8.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BEST AGROLIFE

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 BEST AGROLIFE is calculated as :

Current Market Cap [ ₹1,516.7 Cr] as on Apr 18,2024

(/) Earnings [ ₹170.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 8.90x ]

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

Thus, for BEST AGROLIFE , the investors are currently willing to pay 8.90 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 BEST AGROLIFE !

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 BEST AGROLIFE over the last five years.

Historical PE (Price/Earnings) ratio chart of BEST AGROLIFE


PE Ratio Performance Analysis for BEST AGROLIFE

- BEST AGROLIFE 's latest p/e ratio is 8.90x.

- BEST AGROLIFE 's p/e ratio for fiscal years ending Mar2023 to Mar2017 averaged 11.86x.

- BEST AGROLIFE 's operated at median p/e ratio of 12.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEST AGROLIFE 's p/e ratio peaked in Mar2021 at 26.48x.

- BEST AGROLIFE 's p/e ratio hit its five-year low in Mar2018 of 0x.


How does BEST AGROLIFE 's P/E Ratio benchmark against top 10 peers in Pesticides & Agrochemicals Industry?

Peer Comparison (Pesticides & Agrochemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BEST AGROLIFE 170.358.901,516.7
PI INDUSTRIES LTD1,583.3035.5756,317.8
UPL LTD-551.00-65.1635,901.6
BAYER CROPSCIENCE LTD803.0031.0624,943.1
SUMITOMO CHEMICAL INDIA LTD331.9860.0919,948.4
BASF INDIA LTD484.2332.2715,628.1
RALLIS INDIA LTD99.8753.955,387.8
DHANUKA AGRITECH LTD245.3823.625,795.5
BHARAT RASAYAN LTD58.3167.863,957.0
SHARDA CROPCHEM LTD87.2737.193,245.7
INDIA PESTICIDES LTD88.9429.922,661.4

Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs BEST AGROLIFE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -65.16x
Max industry PE 67.86x
Median industry PE 32.27x
Average industry PE 28.66x



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