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NOVA AGRITECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of NOVA AGRITECH is 16.17.

Share Price ₹52.3Feb 21,2025
Market Cap ₹483.4 Cr
Earnings-TTM₹29.9 CrTTM-Consolidated Results
Price/Earnings16.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NOVA AGRITECH

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 NOVA AGRITECH is calculated as :

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 ]

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

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 latest p/e ratio is 16.17x.

- 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 RatioMarket Cap
NOVA AGRITECH 29.8916.17483.4
UPL LTD61.00894.7554,580.0
PI INDUSTRIES LTD1,693.8028.1847,731.3
SUMITOMO CHEMICAL INDIA LTD516.5547.8324,705.2
BAYER CROPSCIENCE LTD520.7041.7121,719.2
BASF INDIA LTD613.4831.0719,059.1
DHANUKA AGRITECH LTD280.4721.866,130.5
SHARDA CROPCHEM LTD244.3019.634,796.6
BHARAT RASAYAN LTD152.5528.014,273.1
RALLIS INDIA LTD136.0031.234,247.2
BHAGIRADHA CHEMICALS & INDUSTRIES LTD21.96171.263,760.4

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

Top 10 Industry PeersPE 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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