ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 24.57.
Share Price | ₹495.8 | Feb 07,2025 |
Market Cap | ₹4,734.9 Cr | |
Earnings-TTM | ₹192.7 Cr | TTM-Consolidated Results |
Price/Earnings | 24.57x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASHAPURA MINECHEM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,734.9 Cr] as on Feb 07,2025
(/) Earnings [ ₹192.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.57x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 24.57 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 ASHAPURA MINECHEM !
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 ASHAPURA MINECHEM over the last five years.
Historical PE (Price/Earnings) ratio chart of ASHAPURA MINECHEM
PE Ratio Performance Analysis for ASHAPURA MINECHEM
- ASHAPURA MINECHEM 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.00x.
- ASHAPURA MINECHEM 's operated at median p/e ratio of 10.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHAPURA MINECHEM 's p/e ratio peaked in Mar2022 at 13.45x.
- ASHAPURA MINECHEM 's p/e ratio hit its five-year low in Mar2020 of 0.46x.
How does ASHAPURA MINECHEM 's P/E Ratio benchmark against top 10 peers in Mining & Minerals Industry?
Peer Comparison (Mining & Minerals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASHAPURA MINECHEM | 192.69 | 24.57 | 4,734.9 |
COAL INDIA LTD | 33,982.10 | 6.86 | 233,105.0 |
NMDC LTD | 6,472.26 | 9.05 | 58,606.3 |
KIOCL LTD | -123.81 | -158.06 | 19,569.6 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 665.48 | 14.71 | 9,791.2 |
SANDUR MANGANESE & IRON ORES LTD | 351.03 | 17.73 | 6,223.8 |
MOIL LTD | 347.56 | 18.75 | 6,517.6 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 34.76 | 79.00 | 2,746.1 |
20 MICRONS LTD | 60.73 | 10.69 | 649.5 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -158.06x |
Max industry PE | 79.00x |
Median industry PE | 14.71x |
Average industry PE | 2.59x |
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