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SHARDA CROPCHEM
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHARDA CROPCHEM is 33.38.

Share Price ₹806.1Nov 29,2024
Market Cap ₹7,270.6 Cr
Earnings-TTM₹217.8 CrTTM-Consolidated Results
Price/Earnings33.38xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHARDA CROPCHEM

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 SHARDA CROPCHEM is calculated as :

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 ]

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

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 latest p/e ratio is 33.38x.

- 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 RatioMarket Cap
SHARDA CROPCHEM 217.8033.387,270.6
PI INDUSTRIES LTD1,768.5034.8861,681.8
UPL LTD-2,651.00-17.3846,068.1
BAYER CROPSCIENCE LTD579.6044.1325,578.3
SUMITOMO CHEMICAL INDIA LTD483.8556.8627,510.4
BASF INDIA LTD650.0940.0026,004.9
RALLIS INDIA LTD149.0043.546,487.5
DHANUKA AGRITECH LTD270.8025.576,924.5
BHARAT RASAYAN LTD140.1435.024,907.9
INDIA PESTICIDES LTD70.4430.482,147.2
ASTEC LIFESCIENCES LTD-103.56-20.232,095.3

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

Top 10 Industry PeersPE 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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