BEST AGROLIFE
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The Current P/E Ratio of BEST AGROLIFE is 8.90.
Share Price | ₹642.7 | Apr 18,2024 |
Market Cap | ₹1,516.7 Cr | |
Earnings-TTM | ₹170.4 Cr | TTM-Consolidated Results |
Price/Earnings | 8.90x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BEST AGROLIFE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
BEST AGROLIFE | 170.35 | 8.90 | 1,516.7 |
PI INDUSTRIES LTD | 1,583.30 | 35.57 | 56,317.8 |
UPL LTD | -551.00 | -65.16 | 35,901.6 |
BAYER CROPSCIENCE LTD | 803.00 | 31.06 | 24,943.1 |
SUMITOMO CHEMICAL INDIA LTD | 331.98 | 60.09 | 19,948.4 |
BASF INDIA LTD | 484.23 | 32.27 | 15,628.1 |
RALLIS INDIA LTD | 99.87 | 53.95 | 5,387.8 |
DHANUKA AGRITECH LTD | 245.38 | 23.62 | 5,795.5 |
BHARAT RASAYAN LTD | 58.31 | 67.86 | 3,957.0 |
SHARDA CROPCHEM LTD | 87.27 | 37.19 | 3,245.7 |
INDIA PESTICIDES LTD | 88.94 | 29.92 | 2,661.4 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs BEST AGROLIFE 's P/E Ratio
Top 10 Industry Peers | PE 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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