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BHAGERIA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHAGERIA INDUSTRIES is 22.89.

Share Price ₹354.5Oct 23,2026
Market Cap ₹1,545.4 Cr
Earnings-TTM₹67.5 CrTTM-Consolidated Results
Price/Earnings22.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHAGERIA INDUSTRIES

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 BHAGERIA INDUSTRIES is calculated as :

Current Market Cap [ ₹1,545.4 Cr] as on Oct 23,2026

(/) Earnings [ ₹67.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.89x ]

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

Thus, for BHAGERIA INDUSTRIES , the investors are currently willing to pay 22.89 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 BHAGERIA INDUSTRIES !

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 BHAGERIA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BHAGERIA INDUSTRIES


PE Ratio Performance Analysis for BHAGERIA INDUSTRIES

- BHAGERIA INDUSTRIES 's latest p/e ratio is 22.89x.

- BHAGERIA INDUSTRIES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 21.90x.

- BHAGERIA INDUSTRIES 's operated at median p/e ratio of 15.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHAGERIA INDUSTRIES 's p/e ratio peaked in Mar2023 at 34.75x.

- BHAGERIA INDUSTRIES 's p/e ratio hit its five-year low in Mar2026 of 12.14x.


How does BHAGERIA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Dyes & Pigments Industry?

Peer Comparison (Dyes & Pigments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHAGERIA INDUSTRIES 67.5222.891,545.4
SUDARSHAN CHEMICAL INDUSTRIES LTD53.80150.978,122.1
KIRI INDUSTRIES LTD5,700.750.543,050.5
VIDHI SPECIALTY FOOD INGREDIENTS LTD53.2429.821,587.8
SHREE PUSHKAR CHEMICALS & FERTILISERS LTD72.0720.921,507.9
ULTRAMARINE & PIGMENTS LTD92.1911.521,061.7
BODAL CHEMICALS LTD68.6725.901,779.0
VIPUL ORGANICS LTD8.1751.47420.3
DYNEMIC PRODUCTS LTD20.5013.34273.4
ASAHI SONGWON COLORS LTD34.2112.11414.3
PODDAR PIGMENTS LTD15.2417.55267.4

Dyes & Pigments Industry Benchmark (Top 10) PE Analysis vs BHAGERIA INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 0.54x
Max industry PE 150.97x
Median industry PE 20.92x
Average industry PE 32.46x



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