INDIA PESTICIDES
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The Current P/E Ratio of INDIA PESTICIDES is 26.31.
Share Price | ₹203.1 | Mar 28,2024 |
Market Cap | ₹2,339.7 Cr | |
Earnings-TTM | ₹88.9 Cr | TTM-Consolidated Results |
Price/Earnings | 26.31x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIA PESTICIDES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,339.7 Cr] as on Mar 28,2024
(/) Earnings [ ₹88.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.31x ]
Thus, for INDIA PESTICIDES , the investors are currently willing to pay 26.31 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 INDIA PESTICIDES !
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 INDIA PESTICIDES over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIA PESTICIDES
PE Ratio Performance Analysis for INDIA PESTICIDES
- INDIA PESTICIDES 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 12.10x.
- INDIA PESTICIDES 's operated at median p/e ratio of 16.67x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, INDIA PESTICIDES 's p/e ratio peaked in Mar2022 at 19.62x.
- INDIA PESTICIDES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does INDIA PESTICIDES '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 |
---|---|---|---|
INDIA PESTICIDES | 88.94 | 26.31 | 2,339.7 |
PI INDUSTRIES LTD | 1,583.30 | 37.07 | 58,697.5 |
UPL LTD | -551.00 | -62.10 | 34,216.4 |
BAYER CROPSCIENCE LTD | 803.00 | 29.34 | 23,563.4 |
SUMITOMO CHEMICAL INDIA LTD | 331.98 | 52.23 | 17,340.3 |
BASF INDIA LTD | 484.23 | 29.83 | 14,444.0 |
RALLIS INDIA LTD | 99.87 | 48.79 | 4,872.4 |
DHANUKA AGRITECH LTD | 245.38 | 18.99 | 4,659.5 |
BHARAT RASAYAN LTD | 58.31 | 60.55 | 3,530.9 |
SHARDA CROPCHEM LTD | 87.27 | 33.18 | 2,895.6 |
ASTEC LIFESCIENCES LTD | -50.90 | -40.91 | 2,082.6 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs INDIA PESTICIDES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -62.10x |
Max industry PE | 60.55x |
Median industry PE | 29.83x |
Average industry PE | 21.21x |
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