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HERANBA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HERANBA INDUSTRIES is 23.28.

Share Price ₹392.7Jan 08,2025
Market Cap ₹1,570.8 Cr
Earnings-TTM₹67.5 CrTTM-Consolidated Results
Price/Earnings23.28xCalculated 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 [ ₹1,570.8 Cr] as on Jan 08,2025

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

(=) P/E Ratio [ 23.28x ]

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 23.28 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 23.28x.

- 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 67.4723.281,570.8
PI INDUSTRIES LTD1,768.5031.1555,093.4
UPL LTD-2,651.00-17.1945,559.6
BAYER CROPSCIENCE LTD579.6042.4624,611.9
SUMITOMO CHEMICAL INDIA LTD483.8552.6125,456.4
BASF INDIA LTD650.0934.5522,460.1
RALLIS INDIA LTD149.0038.895,795.2
DHANUKA AGRITECH LTD270.8023.736,425.6
BHARAT RASAYAN LTD140.1429.314,106.9
SHARDA CROPCHEM LTD217.8034.307,470.7
INDIA PESTICIDES LTD70.4428.552,010.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -17.19x
Max industry PE 52.61x
Median industry PE 31.15x
Average industry PE 29.24x



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