HERANBA INDUSTRIES
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The Current P/E Ratio of HERANBA INDUSTRIES is 22.41.
Share Price | ₹378.0 | Jan 14,2025 |
Market Cap | ₹1,511.8 Cr | |
Earnings-TTM | ₹67.5 Cr | TTM-Consolidated Results |
Price/Earnings | 22.41x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of HERANBA INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,511.8 Cr] as on Jan 14,2025
(/) Earnings [ ₹67.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.41x ]
Thus, for HERANBA INDUSTRIES , the investors are currently willing to pay 22.41 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 HERANBA INDUSTRIES !
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 HERANBA INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of HERANBA INDUSTRIES
PE Ratio Performance Analysis for HERANBA INDUSTRIES
- HERANBA INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 21.61x.
- HERANBA INDUSTRIES 's operated at median p/e ratio of 32.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, HERANBA INDUSTRIES 's p/e ratio peaked in Mar2024 at 32.5x.
- HERANBA INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 10.71x.
How does HERANBA INDUSTRIES '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 |
---|---|---|---|
HERANBA INDUSTRIES | 67.47 | 22.41 | 1,511.8 |
PI INDUSTRIES LTD | 1,768.50 | 29.68 | 52,497.5 |
UPL LTD | -2,651.00 | -17.26 | 45,762.3 |
BAYER CROPSCIENCE LTD | 579.60 | 40.09 | 23,234.4 |
SUMITOMO CHEMICAL INDIA LTD | 483.85 | 48.90 | 23,659.5 |
BASF INDIA LTD | 650.09 | 32.88 | 21,375.1 |
RALLIS INDIA LTD | 149.00 | 37.40 | 5,572.5 |
DHANUKA AGRITECH LTD | 270.80 | 22.87 | 6,192.7 |
BHARAT RASAYAN LTD | 140.14 | 28.30 | 3,966.0 |
SHARDA CROPCHEM LTD | 217.80 | 30.04 | 6,541.9 |
INDIA PESTICIDES LTD | 70.44 | 26.54 | 1,869.7 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs HERANBA INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -17.26x |
Max industry PE | 48.90x |
Median industry PE | 29.68x |
Average industry PE | 27.44x |
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