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DHANUKA AGRITECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of DHANUKA AGRITECH is 25.78.

Share Price ₹1,387.5May 02,2024
Market Cap ₹6,327.0 Cr
Earnings-TTM₹245.4 CrTTM-Consolidated Results
Price/Earnings25.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DHANUKA AGRITECH

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 DHANUKA AGRITECH is calculated as :

Current Market Cap [ ₹6,327.0 Cr] as on May 02,2024

(/) Earnings [ ₹245.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 25.78x ]

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

Thus, for DHANUKA AGRITECH , the investors are currently willing to pay 25.78 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 DHANUKA AGRITECH !

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 DHANUKA AGRITECH over the last five years.

Historical PE (Price/Earnings) ratio chart of DHANUKA AGRITECH


PE Ratio Performance Analysis for DHANUKA AGRITECH

- DHANUKA AGRITECH 's latest p/e ratio is 25.78x.

- DHANUKA AGRITECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.14x.

- DHANUKA AGRITECH 's operated at median p/e ratio of 15.26x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DHANUKA AGRITECH 's p/e ratio peaked in Mar2019 at 16.61x.

- DHANUKA AGRITECH 's p/e ratio hit its five-year low in Mar2020 of 10.89x.


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

Peer Comparison (Pesticides & Agrochemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DHANUKA AGRITECH 245.3825.786,327.0
PI INDUSTRIES LTD1,583.3034.8855,231.5
UPL LTD-551.00-67.9037,414.0
BAYER CROPSCIENCE LTD803.0030.4924,480.9
SUMITOMO CHEMICAL INDIA LTD331.9860.3020,018.2
BASF INDIA LTD484.2335.8417,354.9
RALLIS INDIA LTD148.0035.485,251.6
BHARAT RASAYAN LTD58.3167.933,960.8
SHARDA CROPCHEM LTD87.2737.973,313.8
INDIA PESTICIDES LTD88.9430.682,728.8
ASTEC LIFESCIENCES LTD-46.89-51.652,421.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -67.90x
Max industry PE 67.93x
Median industry PE 34.88x
Average industry PE 21.80x



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