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PI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PI INDUSTRIES is 35.30.

Share Price ₹4,115.2Nov 22,2024
Market Cap ₹62,426.8 Cr
Earnings-TTM₹1,768.5 CrTTM-Consolidated Results
Price/Earnings35.30xCalculated 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 [ ₹62,426.8 Cr] as on Nov 22,2024

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

(=) P/E Ratio [ 35.30x ]

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 35.30 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 35.30x.

- 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 1,768.5035.3062,426.8
UPL LTD-2,651.00-16.0342,491.9
BAYER CROPSCIENCE LTD579.6044.4125,738.1
SUMITOMO CHEMICAL INDIA LTD483.8553.0225,653.6
BASF INDIA LTD650.0937.5324,395.3
RALLIS INDIA LTD149.0041.476,179.3
DHANUKA AGRITECH LTD270.8024.946,752.4
BHARAT RASAYAN LTD140.1434.914,891.9
SHARDA CROPCHEM LTD217.8033.267,243.4
INDIA PESTICIDES LTD70.4429.532,080.4
ASTEC LIFESCIENCES LTD-103.56-20.092,080.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -20.09x
Max industry PE 53.02x
Median industry PE 34.91x
Average industry PE 27.11x



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