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ACC
PE (Price/Earnings) Ratio

The Current P/E Ratio of ACC is 20.55.

Share Price ₹2,429.9Sep 06,2024
Market Cap ₹45,632.6 Cr
Earnings-TTM₹2,220.8 CrTTM-Consolidated Results
Price/Earnings20.55xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of ACC is calculated as :

Current Market Cap [ ₹45,632.6 Cr] as on Sep 06,2024

(/) Earnings [ ₹2,220.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.55x ]

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 20.55 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 20.55x.

- 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 RatioMarket Cap
ACC 2,220.8420.5545,632.6
ULTRATECH CEMENT LTD6,987.7647.21329,889.0
AMBUJA CEMENTS LTD4,371.1735.12153,502.0
SHREE CEMENT LTD2,102.6743.8792,235.7
DALMIA BHARAT LTD855.0041.1835,211.1
JK CEMENT LTD866.7941.8536,270.9
THE RAMCO CEMENTS LTD349.6356.0919,609.9
NUVOCO VISTAS CORPORATION LTD135.7592.1112,504.0
JK LAKSHMI CEMENT LTD473.3619.559,254.2
STAR CEMENT LTD232.8438.088,867.7
PRISM JOHNSON LTD107.0784.329,027.7

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs ACC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.55x
Max industry PE 92.11x
Median industry PE 41.85x
Average industry PE 47.27x



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