ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 12.86.
| Share Price | ₹259.5 | Nov 25,2024 |
| Market Cap | ₹2,477.7 Cr | |
| Earnings-TTM | ₹192.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.86x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹2,477.7 Cr] as on Nov 25,2024
(/) Earnings [ ₹192.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.86x ]
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 12.86 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.
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 12.86 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 12.86x.
- 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.
- 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 | 12.86 | 2,477.7 |
| COAL INDIA LTD | 34,369.90 | 7.48 | 257,171.0 |
| NMDC LTD | 6,045.36 | 10.99 | 66,466.1 |
| KIOCL LTD | -123.81 | -172.57 | 21,365.5 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 634.92 | 17.22 | 10,934.4 |
| SANDUR MANGANESE & IRON ORES LTD | 351.03 | 20.77 | 7,291.6 |
| MOIL LTD | 347.56 | 17.79 | 6,182.9 |
| RAGHAV PRODUCTIVITY ENHANCERS LTD | 30.92 | 125.11 | 3,868.2 |
| 20 MICRONS LTD | 59.38 | 13.55 | 804.4 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -172.57x |
| Max industry PE | 125.11x |
| Median industry PE | 13.55x |
| Average industry PE | 5.91x |
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