ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 18.17.
Share Price | ₹366.7 | Dec 03,2024 |
Market Cap | ₹3,502.0 Cr | |
Earnings-TTM | ₹192.7 Cr | TTM-Consolidated Results |
Price/Earnings | 18.17x | 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 [ ₹3,502.0 Cr] as on Dec 03,2024
(/) Earnings [ ₹192.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.17x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 18.17 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 | 18.17 | 3,502.0 |
COAL INDIA LTD | 34,369.90 | 7.57 | 260,098.0 |
NMDC LTD | 6,045.36 | 11.42 | 69,030.4 |
KIOCL LTD | -123.81 | -181.77 | 22,505.0 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 634.92 | 17.84 | 11,328.8 |
SANDUR MANGANESE & IRON ORES LTD | 351.03 | 24.80 | 8,704.5 |
MOIL LTD | 347.56 | 19.51 | 6,780.1 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 30.92 | 110.95 | 3,430.5 |
20 MICRONS LTD | 59.38 | 15.22 | 904.0 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -181.77x |
Max industry PE | 110.95x |
Median industry PE | 17.84x |
Average industry PE | 4.86x |
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