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ASHAPURA MINECHEM
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASHAPURA MINECHEM is 24.57.

Share Price ₹495.8Feb 07,2025
Market Cap ₹4,734.9 Cr
Earnings-TTM₹192.7 CrTTM-Consolidated Results
Price/Earnings24.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASHAPURA MINECHEM

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 ASHAPURA MINECHEM is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 24.57x.

- 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 RatioMarket Cap
ASHAPURA MINECHEM 192.6924.574,734.9
COAL INDIA LTD33,982.106.86233,105.0
NMDC LTD6,472.269.0558,606.3
KIOCL LTD-123.81-158.0619,569.6
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD665.4814.719,791.2
SANDUR MANGANESE & IRON ORES LTD351.0317.736,223.8
MOIL LTD347.5618.756,517.6
RAGHAV PRODUCTIVITY ENHANCERS LTD34.7679.002,746.1
20 MICRONS LTD60.7310.69649.5

Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio

Top 10 Industry PeersPE 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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