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HERANBA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HERANBA INDUSTRIES is 28.72.

Share Price ₹484.5Dec 11,2024
Market Cap ₹1,937.8 Cr
Earnings-TTM₹67.5 CrTTM-Consolidated Results
Price/Earnings28.72xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HERANBA INDUSTRIES

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 HERANBA INDUSTRIES is calculated as :

Current Market Cap [ ₹1,937.8 Cr] as on Dec 11,2024

(/) Earnings [ ₹67.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.72x ]

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

Thus, for HERANBA INDUSTRIES , the investors are currently willing to pay 28.72 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 latest p/e ratio is 28.72x.

- 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 RatioMarket Cap
HERANBA INDUSTRIES 67.4728.721,937.8
PI INDUSTRIES LTD1,768.5035.2162,265.1
UPL LTD-2,651.00-17.5746,583.2
BAYER CROPSCIENCE LTD579.6048.8928,334.6
SUMITOMO CHEMICAL INDIA LTD483.8555.0526,636.9
BASF INDIA LTD650.0937.3624,289.3
RALLIS INDIA LTD149.0042.756,369.8
DHANUKA AGRITECH LTD270.8027.547,458.7
BHARAT RASAYAN LTD140.1433.304,666.1
SHARDA CROPCHEM LTD217.8034.667,548.8
INDIA PESTICIDES LTD70.4432.362,279.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -17.57x
Max industry PE 55.05x
Median industry PE 34.66x
Average industry PE 32.57x



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