BHAGIRADHA CHEMICALS & INDUSTRIES
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The Current P/E Ratio of BHAGIRADHA CHEMICALS & INDUSTRIES is 96.14.
Share Price | ₹1,885.4 | Apr 19,2024 |
Market Cap | ₹1,960.8 Cr | |
Earnings-TTM | ₹20.4 Cr | TTM-Consolidated Results |
Price/Earnings | 96.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHAGIRADHA CHEMICALS & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,960.8 Cr] as on Apr 19,2024
(/) Earnings [ ₹20.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 96.14x ]
Thus, for BHAGIRADHA CHEMICALS & INDUSTRIES , the investors are currently willing to pay 96.14 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 BHAGIRADHA CHEMICALS & 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 BHAGIRADHA CHEMICALS & INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of BHAGIRADHA CHEMICALS & INDUSTRIES
PE Ratio Performance Analysis for BHAGIRADHA CHEMICALS & INDUSTRIES
- BHAGIRADHA CHEMICALS & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 23.03x.
- BHAGIRADHA CHEMICALS & INDUSTRIES 's operated at median p/e ratio of 27.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, BHAGIRADHA CHEMICALS & INDUSTRIES 's p/e ratio peaked in Mar2020 at 28.1x.
- BHAGIRADHA CHEMICALS & INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 15.77x.
How does BHAGIRADHA CHEMICALS & INDUSTRIES '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 |
---|---|---|---|
BHAGIRADHA CHEMICALS & INDUSTRIES | 20.40 | 96.14 | 1,960.8 |
PI INDUSTRIES LTD | 1,583.30 | 35.54 | 56,277.6 |
UPL LTD | -551.00 | -66.34 | 36,554.6 |
BAYER CROPSCIENCE LTD | 803.00 | 31.99 | 25,689.8 |
SUMITOMO CHEMICAL INDIA LTD | 331.98 | 60.23 | 19,995.8 |
BASF INDIA LTD | 484.23 | 32.26 | 15,622.4 |
RALLIS INDIA LTD | 99.87 | 54.75 | 5,467.5 |
DHANUKA AGRITECH LTD | 245.38 | 23.43 | 5,749.5 |
BHARAT RASAYAN LTD | 58.31 | 67.55 | 3,938.7 |
SHARDA CROPCHEM LTD | 87.27 | 36.94 | 3,223.6 |
INDIA PESTICIDES LTD | 88.94 | 29.24 | 2,601.0 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs BHAGIRADHA CHEMICALS & INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -66.34x |
Max industry PE | 96.14x |
Median industry PE | 35.54x |
Average industry PE | 36.52x |
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