Is PI Industries the Best Stock in Its Sector? A Look at the Numbers
- October 13, 2026
- Posted by: Neeraj Pandey
- Category: Market
PI Industries CMP Rs 2,132 (13 Oct 2026). Market cap Rs 32,216 Cr. ROE 11.76%. P/E 27.65x versus Industry P/E 22.87x.
Quick Answer
PI Industries is one of the names investors compare when screening the Agri sector, built on an 11.76% return on equity and a P/E of 27.65x against an Industry P/E of 22.87x. Whether PI Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Agri sector peers, so you can judge that for yourself.
Is PI Industries the best stock in its sector? The stock trades on the NSE at Rs 2,132 as of 13 October 2026, within its 52-week range of Rs 2,100.00 to Rs 3,832.90. PI Industries Ltd, headquartered in Gurugram, is an agri-sciences company that develops agrochemicals and also provides custom synthesis and manufacturing services to global customers.
PI Industries sits in the Agri sector, and its 11.76% ROE and 27.65x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About PI Industries
PI Industries Ltd, headquartered in Gurugram, is an agri-sciences company that develops agrochemicals and also provides custom synthesis and manufacturing services to global customers. Agrochemicals and custom manufacturing are its two main business lines. The stock trades about 44 percent below its 52-week high and about 2 percent above its 52-week low. At a market capitalisation of Rs 32,216 Cr, it is tracked as part of the Agri sector on Univest.
Is PI Industries the Best Stock in Its Sector?
PI Industries’ case rests on a clean balance sheet and a valuation near its peers rather than on high returns, with an 11.76% ROE. PI Industries’ 27.65x P/E is above the 22.87x Industry P/E but slightly below the peer average, while its 11.76% ROE is lower than both Bayer CropScience at 23.24% and Sumitomo Chemical India at 16.02%.
| Metric | PI Industries |
|---|---|
| CMP (NSE) | Rs 2,131.50 |
| 52-Week High / Low | Rs 3,832.90 / Rs 2,100.00 |
| Market Cap | Rs 32,216 Cr |
| P/E (TTM) vs Industry P/E | 27.65x vs 22.87x |
| P/B | 2.87 |
| ROE | 11.76% |
| EPS (TTM) | Rs 76.79 |
| Dividend Yield | 0.71% |
| Debt to Equity | 0.03 |
Compare PI Industries Against Other Agri Sector Stocks
How PI Industries Compares Against Its Agri Sector Peers
The table below sets PI Industries against 2 other Agri sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| PI Industries | 32,216 | 27.65 | 11.76% | 0.03 |
| Bayer CropScience | 15,917 | 21.74 | 23.24% | 0.03 |
| Sumitomo Chemical India | 20,769 | 35.84 | 16.02% | 0.02 |
| Peer average (2 companies) | – | 28.79 | 19.63% | 0.03 |
Against this peer set, PI Industries’s 11.76% ROE is below the 19.63% peer average, and its P/E of 27.65x runs below the peer average of 28.79x. PI Industries’ 27.65x P/E is above the 22.87x Industry P/E but slightly below the peer average, while its 11.76% ROE is lower than both Bayer CropScience at 23.24% and Sumitomo Chemical India at 16.02%.
What Makes PI Industries Worth Watching in Agri
- Lower returns: An 11.76% ROE is below Bayer CropScience at 23.24% and Sumitomo Chemical India at 16.02%.
- Light balance sheet: A debt to equity ratio of 0.03 matches Bayer CropScience and is close to Sumitomo Chemical India at 0.02.
- Dividend income: A dividend yield of 0.71% adds a small income component.
PI Industries Valuation: Is It Justified?
PI Industries’ 27.65x P/E is above the 22.87x Industry P/E but slightly below the peer average, while its 11.76% ROE is lower than both Bayer CropScience at 23.24% and Sumitomo Chemical India at 16.02%. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bharat Electronics the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track PI Industries and other Agri sector stocks.
How to Track PI Industries Before You Invest
Before deciding whether PI Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Agri sector peers using the steps below.
- Open the Univest Screener and search for PI Industries to view live price, valuation ratios, and peer comparisons within the Agri sector.
- Compare its P/E, P/B, and ROE against other Agri sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
PI Industries earns a place in the best stock in its sector conversation on the strength of an 11.76% ROE and a P/E of 27.65x against a 22.87x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is PI Industries the best stock in its sector?
Ans. PI Industries has an 11.76% ROE and trades at 27.65x P/E against a 22.87x Industry P/E, and compares below the peer average ROE of 19.63% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of PI Industries?
Ans. PI Industries was trading at Rs 2,131.50 on the NSE as of 13 October 2026, within its 52-week range of Rs 2,100.00 to Rs 3,832.90.
What sector does PI Industries belong to?
Ans. PI Industries is classified under the Agri sector on Univest.
How does PI Industries compare to its sector peers on P/E?
Ans. PI Industries’s P/E of 27.65x is below the 28.79x average of the 2 named peers compared in this article.
What is PI Industries’s return on equity?
Ans. PI Industries reported a return on equity of 11.76%, which is below the 19.63% average of its named peers in this comparison.
Should I invest in PI Industries based on its sector position?
Ans. PI Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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