ASTEC LIFESCIENCES
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The Current P/E Ratio of ASTEC LIFESCIENCES is -20.07.
Share Price | ₹1,060.7 | Nov 22,2024 |
Market Cap | ₹2,078.9 Cr | |
Earnings-TTM | ₹-103.6 Cr | TTM-Consolidated Results |
Price/Earnings | -20.07x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASTEC LIFESCIENCES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,078.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹-103.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -20.07x ]
Thus, for ASTEC LIFESCIENCES , the investors are currently willing to pay -20.07 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 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 Ratio | Market Cap |
---|---|---|---|
ASTEC LIFESCIENCES | -103.56 | -20.07 | 2,078.9 |
PI INDUSTRIES LTD | 1,768.50 | 35.30 | 62,434.3 |
UPL LTD | -2,651.00 | -16.03 | 42,491.9 |
BAYER CROPSCIENCE LTD | 579.60 | 44.41 | 25,738.1 |
SUMITOMO CHEMICAL INDIA LTD | 483.85 | 53.02 | 25,653.6 |
BASF INDIA LTD | 650.09 | 37.53 | 24,395.3 |
RALLIS INDIA LTD | 149.00 | 41.47 | 6,179.3 |
DHANUKA AGRITECH LTD | 270.80 | 24.94 | 6,752.4 |
BHARAT RASAYAN LTD | 140.14 | 34.91 | 4,891.9 |
SHARDA CROPCHEM LTD | 217.80 | 33.26 | 7,243.4 |
INDIA PESTICIDES LTD | 70.44 | 29.53 | 2,080.4 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs ASTEC LIFESCIENCES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -20.07x |
Max industry PE | 53.02x |
Median industry PE | 34.91x |
Average industry PE | 27.11x |
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