PI Industries (NSE:PIIND) PEG Ratio: 1.87 (As of Jul. 01, 2026) — 31% Above Median


NSE:PIIND PI Industries Ltd NSE:PIIND
93 GF Score
Price ₹2,555.10
GF Value ₹3,352.53
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PI Industries PEG Ratio?

PI Industries NSE:PIIND -0.18% 93 PEG Ratio is 1.87 as of Jul. 01, 2026, which is 31% above its 10-year median of 1.43. GuruFocus rates NSE:PIIND with a GF Score™ of 93/100 and a GF Value™ of ₹3,352.53 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 108 Agriculture companies, PI Industries ranks worse than 61.11% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, PI Industries's PE Ratio without NRI is 30.83. PI Industries's 5-Year EBITDA growth rate is 16.50%. Therefore, PI Industries's PEG Ratio for today is 1.87.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for PI Industries's PEG Ratio or its related term are showing as below:

NSE:PIIND' s PEG Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.43   Max: 4.1
Current: 1.87


During the past 13 years, PI Industries's highest PEG Ratio was 4.10. The lowest was 0.97. And the median was 1.43.


NSE:PIIND's PEG Ratio is ranked worse than
61.11% of 108 companies
in the Agriculture industry
Industry Median: 1.36 vs NSE:PIIND: 1.87

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


PI Industries  (NSE:PIIND) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


PI Industries PEG Ratio Related Terms


PI Industries PEG Ratio Historical Data

* Premium members only.

The historical data trend for PI Industries's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PI Industries PEG Ratio Chart

PI Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.43 1.22 1.71

PI Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.57 1.54 1.69 1.71

NSE:PIIND vs CTVA, CF, MOS: PEG Ratio Comparison

For the Agricultural Inputs subindustry, PI Industries's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PI Industries PEG Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PI Industries's PEG Ratio distribution charts can be found below:

* The bar in red indicates where PI Industries's PEG Ratio falls into.


NSE:PIIND
93GF Score
PI Industries Ltd NSE:PIIND
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PI Industries PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

PI Industries's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=30.833745640605/16.50
=1.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.87 mean?
PI Industries (NSE:PIIND) has a PEG Ratio of 1.87 as of Jul. 01, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on PI Industries and its competitors. This is 31% above median its historical median of 1.43. Over the past decade, PI Industries' PEG Ratio has ranged from 0.97 to 4.10. According to the industry distribution chart, PI Industries ranks #66 out of 108 companies in the Agriculture industry, placing it in the top 61.1%.
Is PI Industries' PEG Ratio too high?
PI Industries' current PEG Ratio of 1.87 is 31% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 4.10. The Agriculture industry median PEG Ratio is 1.36. PI Industries' value of 1.87 is 37.5% above this industry median. Based on the distribution chart, PI Industries ranks #66 out of 108 companies in the Agriculture industry, which is below the industry midpoint. Overall, PI Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PI Industries' PEG Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, PI Industries ranks #66 out of 108 companies for PEG Ratio. This places PI Industries in the lower half of its industry. The industry median PEG Ratio is 1.36. PI Industries' value of 1.87 is 37.5% above this benchmark. Historically, PI Industries' own PEG Ratio has ranged from 0.97 to 4.10 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.36, PI Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for an Agriculture company?
The median PEG Ratio among Agriculture companies is 1.36, based on 108 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PI Industries's current PEG Ratio of 1.87 is 37.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on PI Industries and its competitors. For the Agriculture industry, the median PEG Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PI Industries's current PEG Ratio is 1.87, which is 31% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PI Industries stock overvalued right now?
Based on GuruFocus' analysis, PI Industries (NSE:PIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,352.53, compared to a current price of ₹2,555.10 — trading 23.8% below its estimated fair value. The current PEG Ratio is 1.87, which is 31% above median its 10-year median of 1.43 and 37.5% above the Agriculture industry median of 1.36. PI Industries' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For PI Industries (NSE:PIIND), the current PEG Ratio is 1.87 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PI Industries (NSE:PIIND) Overvalued in 2026?

Based on GuruFocus' analysis, PI Industries stock appears to be undervalued. The current stock price of ₹2,555.10 is trading 23.8% below its estimated GF Value™ of ₹3,352.53. GuruFocus considers PI Industries to be Modestly Undervalued.

Key valuation signals for NSE:PIIND:

  • PEG Ratio: 1.87 (31% above median its 10-year median of 1.43)
  • GF Value™: ₹3,352.53 vs. price of ₹2,555.10 (23.8% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 37.5% above the Agriculture median (#66 of 108)

No single metric tells the full story. See the NSE:PIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PI Industries Business Description

Other Exchanges 523642:India
Address Sushant Lok, Phase-I, 5th Floor, Vipul Square, B-Block, Gurugram, HR, IND, 122009
PI Industries Ltd manufactures, distributes, and sells agrochemicals, specialty fertilizers, and seeds to the agriculture industry. The firm's agrochemicals portfolio includes insecticides, fungicides, and plant health products. The company competes on price with the manufacture and sale of generic products. PI Industries reports sales across two geographical segments: within India and outside India. The outside India division represents its business division predominantly in Japan, Germany, and China. In India, the firm sells its products through a large network of distributors and retail outlets. The company has one reportable business segment which is Agro Chemicals.
93GF Score

Get the complete analysis for NSE:PIIND

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,555.10
Price
₹3,352.53
GF Value