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ARIES AGRO
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARIES AGRO is 17.68.

Share Price ₹284.9Sep 06,2024
Market Cap ₹370.4 Cr
Earnings-TTM₹20.9 CrTTM-Consolidated Results
Price/Earnings17.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARIES AGRO

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 ARIES AGRO is calculated as :

Current Market Cap [ ₹370.4 Cr] as on Sep 06,2024

(/) Earnings [ ₹20.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.68x ]

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

Thus, for ARIES AGRO , the investors are currently willing to pay 17.68 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 ARIES AGRO !

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 ARIES AGRO over the last five years.

Historical PE (Price/Earnings) ratio chart of ARIES AGRO


PE Ratio Performance Analysis for ARIES AGRO

- ARIES AGRO 's latest p/e ratio is 17.68x.

- ARIES AGRO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.95x.

- ARIES AGRO 's operated at median p/e ratio of 11.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARIES AGRO 's p/e ratio peaked in Mar2019 at 14.65x.

- ARIES AGRO 's p/e ratio hit its five-year low in Mar2020 of 4.91x.


How does ARIES AGRO 's P/E Ratio benchmark against top 10 peers in Fertilizers Industry?

Peer Comparison (Fertilizers Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARIES AGRO 20.9417.68370.4
THE FERTILISERS AND CHEMICALS TRAVANCORE LTD25.692,453.4163,028.1
COROMANDEL INTERNATIONAL LTD1,494.2033.3149,772.1
CHAMBAL FERTILISERS AND CHEMICALS LTD1,275.4315.7420,076.7
GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD515.0019.419,994.9
GUJARAT STATE FERTILIZERS & CHEMICALS LTD530.5317.439,246.7
RASHTRIYA CHEMICALS AND FERTILIZERS LTD170.5262.1210,592.4
DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LTD543.2624.4913,305.9
PARADEEP PHOSPHATES LTD224.9831.367,056.0
NATIONAL FERTILIZERS LTD167.3438.906,510.0
MADHYA BHARAT AGRO PRODUCTS LTD29.0965.771,913.5

Fertilizers Industry Benchmark (Top 10) PE Analysis vs ARIES AGRO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.74x
Max industry PE 2,453.41x
Median industry PE 31.36x
Average industry PE 252.69x



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