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PI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PI INDUSTRIES is 29.36.

Share Price ₹3,422.4Jan 29,2025
Market Cap ₹51,917.8 Cr
Earnings-TTM₹1,768.5 CrTTM-Consolidated Results
Price/Earnings29.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PI 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 PI INDUSTRIES is calculated as :

Current Market Cap [ ₹51,917.8 Cr] as on Jan 29,2025

(/) Earnings [ ₹1,768.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.36x ]

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

Thus, for PI INDUSTRIES , the investors are currently willing to pay 29.36 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 PI 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 PI INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PI INDUSTRIES


PE Ratio Performance Analysis for PI INDUSTRIES

- PI INDUSTRIES 's latest p/e ratio is 29.36x.

- PI INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 41.00x.

- PI INDUSTRIES 's operated at median p/e ratio of 37.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PI INDUSTRIES 's p/e ratio peaked in Mar2022 at 50.82x.

- PI INDUSTRIES 's p/e ratio hit its five-year low in Mar2024 of 34.97x.


How does PI 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
PI INDUSTRIES 1,768.5029.3651,917.8
UPL LTD-2,651.00-17.6446,768.9
BAYER CROPSCIENCE LTD579.6038.8422,509.9
SUMITOMO CHEMICAL INDIA LTD516.5548.5525,077.1
BASF INDIA LTD650.0931.6620,583.4
RALLIS INDIA LTD136.0034.224,653.6
DHANUKA AGRITECH LTD270.8023.206,282.7
BHARAT RASAYAN LTD140.1429.974,200.4
SHARDA CROPCHEM LTD244.3020.755,069.5
INDIA PESTICIDES LTD70.4424.901,753.9
ASTEC LIFESCIENCES LTD-119.60-16.752,003.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -17.64x
Max industry PE 48.55x
Median industry PE 29.36x
Average industry PE 22.46x



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