NOVA AGRITECH
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The Current P/E Ratio of NOVA AGRITECH is 16.17.
Share Price | ₹52.3 | Feb 21,2025 |
Market Cap | ₹483.4 Cr | |
Earnings-TTM | ₹29.9 Cr | TTM-Consolidated Results |
Price/Earnings | 16.17x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NOVA AGRITECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹483.4 Cr] as on Feb 21,2025
(/) Earnings [ ₹29.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.17x ]
Thus, for NOVA AGRITECH , the investors are currently willing to pay 16.17 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 NOVA AGRITECH !
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 NOVA AGRITECH over the last five years.
Historical PE (Price/Earnings) ratio chart of NOVA AGRITECH
PE Ratio Performance Analysis for NOVA AGRITECH
- NOVA AGRITECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.22x.
- NOVA AGRITECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NOVA AGRITECH 's p/e ratio peaked in Mar2024 at 16.09x.
- NOVA AGRITECH 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does NOVA AGRITECH '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 |
---|---|---|---|
NOVA AGRITECH | 29.89 | 16.17 | 483.4 |
UPL LTD | 61.00 | 894.75 | 54,580.0 |
PI INDUSTRIES LTD | 1,693.80 | 28.18 | 47,731.3 |
SUMITOMO CHEMICAL INDIA LTD | 516.55 | 47.83 | 24,705.2 |
BAYER CROPSCIENCE LTD | 520.70 | 41.71 | 21,719.2 |
BASF INDIA LTD | 613.48 | 31.07 | 19,059.1 |
DHANUKA AGRITECH LTD | 280.47 | 21.86 | 6,130.5 |
SHARDA CROPCHEM LTD | 244.30 | 19.63 | 4,796.6 |
BHARAT RASAYAN LTD | 152.55 | 28.01 | 4,273.1 |
RALLIS INDIA LTD | 136.00 | 31.23 | 4,247.2 |
BHAGIRADHA CHEMICALS & INDUSTRIES LTD | 21.96 | 171.26 | 3,760.4 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs NOVA AGRITECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.17x |
Max industry PE | 894.75x |
Median industry PE | 31.07x |
Average industry PE | 121.06x |
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