ACC
|
The Current P/E Ratio of ACC is 19.29.
| Share Price | ₹2,090.0 | Nov 22,2024 |
| Market Cap | ₹39,250.2 Cr | |
| Earnings-TTM | ₹2,034.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 19.29x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ACC
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)
Current Market Cap [ ₹39,250.2 Cr] as on Nov 22,2024
(/) Earnings [ ₹2,034.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.29x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ACC , the investors are currently willing to pay 19.29 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 ACC !
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 ACC over the last five years.
Thus, for ACC , the investors are currently willing to pay 19.29 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 ACC !
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 ACC over the last five years.
Historical PE (Price/Earnings) ratio chart of ACC
PE Ratio Performance Analysis for ACC
- ACC 's latest p/e ratio is 19.29x.
- ACC 's p/e ratio for fiscal years ending Mar2024 to Dec2019 averaged 23.74x.
- ACC 's operated at median p/e ratio of 21.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACC 's p/e ratio peaked in Mar2023 at 35.36x.
- ACC 's p/e ratio hit its five-year low in Dec2019 of 19.7x.
- ACC 's p/e ratio for fiscal years ending Mar2024 to Dec2019 averaged 23.74x.
- ACC 's operated at median p/e ratio of 21.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACC 's p/e ratio peaked in Mar2023 at 35.36x.
- ACC 's p/e ratio hit its five-year low in Dec2019 of 19.7x.
How does ACC 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
| Peer Comparison (Cement & Construction Materials Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ACC | 2,034.73 | 19.29 | 39,250.2 |
| ULTRATECH CEMENT LTD | 6,537.49 | 50.29 | 328,745.0 |
| AMBUJA CEMENTS LTD | 3,858.60 | 31.96 | 123,329.0 |
| SHREE CEMENT LTD | 1,732.69 | 51.64 | 89,472.3 |
| DALMIA BHARAT LTD | 780.00 | 43.45 | 33,894.8 |
| JK CEMENT LTD | 824.46 | 38.76 | 31,952.0 |
| THE RAMCO CEMENTS LTD | 274.10 | 81.52 | 22,343.8 |
| NUVOCO VISTAS CORPORATION LTD | 49.05 | 246.00 | 12,066.5 |
| JK LAKSHMI CEMENT LTD | 366.53 | 24.04 | 8,810.0 |
| STAR CEMENT LTD | 197.84 | 36.77 | 7,275.3 |
| PRISM JOHNSON LTD | -180.57 | -50.65 | 9,146.0 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs ACC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -50.65x |
| Max industry PE | 246.00x |
| Median industry PE | 38.76x |
| Average industry PE | 52.10x |
You may also like the below Video Courses
