SHARDA CROPCHEM
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The Current P/E Ratio of SHARDA CROPCHEM is 33.38.
Share Price | ₹806.1 | Nov 29,2024 |
Market Cap | ₹7,270.6 Cr | |
Earnings-TTM | ₹217.8 Cr | TTM-Consolidated Results |
Price/Earnings | 33.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHARDA CROPCHEM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,270.6 Cr] as on Nov 29,2024
(/) Earnings [ ₹217.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.38x ]
Thus, for SHARDA CROPCHEM , the investors are currently willing to pay 33.38 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 SHARDA CROPCHEM !
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 SHARDA CROPCHEM over the last five years.
Historical PE (Price/Earnings) ratio chart of SHARDA CROPCHEM
PE Ratio Performance Analysis for SHARDA CROPCHEM
- SHARDA CROPCHEM 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 27.36x.
- SHARDA CROPCHEM 's operated at median p/e ratio of 12.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHARDA CROPCHEM 's p/e ratio peaked in Mar2024 at 90.82x.
- SHARDA CROPCHEM 's p/e ratio hit its five-year low in Mar2020 of 5.89x.
How does SHARDA CROPCHEM '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 |
---|---|---|---|
SHARDA CROPCHEM | 217.80 | 33.38 | 7,270.6 |
PI INDUSTRIES LTD | 1,768.50 | 34.88 | 61,681.8 |
UPL LTD | -2,651.00 | -17.38 | 46,068.1 |
BAYER CROPSCIENCE LTD | 579.60 | 44.13 | 25,578.3 |
SUMITOMO CHEMICAL INDIA LTD | 483.85 | 56.86 | 27,510.4 |
BASF INDIA LTD | 650.09 | 40.00 | 26,004.9 |
RALLIS INDIA LTD | 149.00 | 43.54 | 6,487.5 |
DHANUKA AGRITECH LTD | 270.80 | 25.57 | 6,924.5 |
BHARAT RASAYAN LTD | 140.14 | 35.02 | 4,907.9 |
INDIA PESTICIDES LTD | 70.44 | 30.48 | 2,147.2 |
ASTEC LIFESCIENCES LTD | -103.56 | -20.23 | 2,095.3 |
Pesticides & Agrochemicals Industry Benchmark (Top 10) PE Analysis vs SHARDA CROPCHEM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -20.23x |
Max industry PE | 56.86x |
Median industry PE | 34.88x |
Average industry PE | 27.84x |
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