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BHAGIRADHA CHEMICALS & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHAGIRADHA CHEMICALS & INDUSTRIES is 96.14.

Share Price ₹1,885.4Apr 19,2024
Market Cap ₹1,960.8 Cr
Earnings-TTM₹20.4 CrTTM-Consolidated Results
Price/Earnings96.14xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHAGIRADHA CHEMICALS & 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 BHAGIRADHA CHEMICALS & INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 96.14x.

- 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 RatioMarket Cap
BHAGIRADHA CHEMICALS & INDUSTRIES 20.4096.141,960.8
PI INDUSTRIES LTD1,583.3035.5456,277.6
UPL LTD-551.00-66.3436,554.6
BAYER CROPSCIENCE LTD803.0031.9925,689.8
SUMITOMO CHEMICAL INDIA LTD331.9860.2319,995.8
BASF INDIA LTD484.2332.2615,622.4
RALLIS INDIA LTD99.8754.755,467.5
DHANUKA AGRITECH LTD245.3823.435,749.5
BHARAT RASAYAN LTD58.3167.553,938.7
SHARDA CROPCHEM LTD87.2736.943,223.6
INDIA PESTICIDES LTD88.9429.242,601.0

Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs BHAGIRADHA CHEMICALS & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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