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ASTEC LIFESCIENCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASTEC LIFESCIENCES is -19.91.

Share Price ₹1,052.2Nov 21,2024
Market Cap ₹2,062.2 Cr
Earnings-TTM₹-103.6 CrTTM-Consolidated Results
Price/Earnings-19.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASTEC LIFESCIENCES

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 ASTEC LIFESCIENCES is calculated as :

Current Market Cap [ ₹2,062.2 Cr] as on Nov 21,2024

(/) Earnings [ ₹-103.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -19.91x ]

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

Thus, for ASTEC LIFESCIENCES , the investors are currently willing to pay -19.91 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 ASTEC LIFESCIENCES !

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 ASTEC LIFESCIENCES over the last five years.

Historical PE (Price/Earnings) ratio chart of ASTEC LIFESCIENCES


PE Ratio Performance Analysis for ASTEC LIFESCIENCES

- ASTEC LIFESCIENCES 's latest p/e ratio is -19.91x.

- ASTEC LIFESCIENCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 38.17x.

- ASTEC LIFESCIENCES 's operated at median p/e ratio of 30.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASTEC LIFESCIENCES 's p/e ratio peaked in Mar2023 at 106.02x.

- ASTEC LIFESCIENCES 's p/e ratio hit its five-year low in Mar2024 of 0x.


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

Peer Comparison (Pesticides & Agrochemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASTEC LIFESCIENCES -103.56-19.912,062.2
PI INDUSTRIES LTD1,768.5035.5062,774.1
UPL LTD-2,651.00-15.7341,696.2
BAYER CROPSCIENCE LTD579.6044.8826,010.5
SUMITOMO CHEMICAL INDIA LTD483.8552.5425,419.0
BASF INDIA LTD650.0938.9125,296.3
RALLIS INDIA LTD149.0039.835,935.2
DHANUKA AGRITECH LTD270.8024.916,746.7
BHARAT RASAYAN LTD140.1433.284,664.1
SHARDA CROPCHEM LTD217.8033.327,256.9
INDIA PESTICIDES LTD70.4429.562,082.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -19.91x
Max industry PE 52.54x
Median industry PE 33.32x
Average industry PE 27.01x



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