NIRMAN AGRI GENETICS
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The Current P/E Ratio of NIRMAN AGRI GENETICS is 14.12.
Share Price | ₹211.0 | May 18,2024 |
Market Cap | ₹126.6 Cr | |
Earnings-TTM | ₹9.0 Cr | TTM-Standalone Results |
Price/Earnings | 14.12x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NIRMAN AGRI GENETICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹126.6 Cr] as on May 18,2024
(/) Earnings [ ₹9.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 14.12x ]
Thus, for NIRMAN AGRI GENETICS , the investors are currently willing to pay 14.12 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 NIRMAN AGRI GENETICS !
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 NIRMAN AGRI GENETICS over the last five years.
Historical PE (Price/Earnings) ratio chart of NIRMAN AGRI GENETICS
PE Ratio Performance Analysis for NIRMAN AGRI GENETICS
- NIRMAN AGRI GENETICS 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 4.54x.
- NIRMAN AGRI GENETICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, NIRMAN AGRI GENETICS 's p/e ratio peaked in Mar2023 at 13.61x.
- NIRMAN AGRI GENETICS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does NIRMAN AGRI GENETICS 's P/E Ratio benchmark against top 10 peers in Agriculture Industry?
Peer Comparison (Agriculture Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NIRMAN AGRI GENETICS | 8.97 | 14.12 | 126.6 |
BOMBAY BURMAH TRADING CORPORATION LTD | 1,925.33 | 5.63 | 10,840.8 |
KAVERI SEED COMPANY LTD | 284.39 | 15.37 | 4,371.0 |
VENKYS (INDIA) LTD | 79.07 | 32.09 | 2,537.5 |
BOMBAY SUPER HYBRID SEEDS LTD | 22.22 | 100.60 | 2,235.2 |
TIERRA AGROTECH LTD | -21.38 | -16.32 | 348.8 |
INDO US BIOTECH LTD | 8.25 | 51.04 | 421.1 |
NATH BIOGENES (INDIA) LTD | 40.71 | 9.14 | 372.2 |
MANGALAM SEEDS LTD | 15.38 | 21.81 | 335.4 |
SHREE OSWAL SEEDS AND CHEMICALS LTD | -0.88 | -299.20 | 263.9 |
HARRISONS MALAYALAM LTD | 2.70 | 130.43 | 351.8 |
Agriculture Industry Benchmark (Top 10) PE Analysis vs NIRMAN AGRI GENETICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -299.20x |
Max industry PE | 130.43x |
Median industry PE | 15.37x |
Average industry PE | 5.88x |
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