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NIRMAN AGRI GENETICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NIRMAN AGRI GENETICS is 14.12.

Share Price ₹211.0May 18,2024
Market Cap ₹126.6 Cr
Earnings-TTM₹9.0 CrTTM-Standalone Results
Price/Earnings14.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NIRMAN AGRI GENETICS

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 NIRMAN AGRI GENETICS is calculated as :

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 ]

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

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 latest p/e ratio is 14.12x.

- 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 RatioMarket Cap
NIRMAN AGRI GENETICS 8.9714.12126.6
BOMBAY BURMAH TRADING CORPORATION LTD1,925.335.6310,840.8
KAVERI SEED COMPANY LTD284.3915.374,371.0
VENKYS (INDIA) LTD79.0732.092,537.5
BOMBAY SUPER HYBRID SEEDS LTD22.22100.602,235.2
TIERRA AGROTECH LTD-21.38-16.32348.8
INDO US BIOTECH LTD8.2551.04421.1
NATH BIOGENES (INDIA) LTD40.719.14372.2
MANGALAM SEEDS LTD15.3821.81335.4
SHREE OSWAL SEEDS AND CHEMICALS LTD-0.88-299.20263.9
HARRISONS MALAYALAM LTD2.70130.43351.8

Agriculture Industry Benchmark (Top 10) PE Analysis vs NIRMAN AGRI GENETICS 's P/E Ratio

Top 10 Industry PeersPE 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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