ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 19.30.
Share Price | ₹389.4 | Dec 04,2024 |
Market Cap | ₹3,718.8 Cr | |
Earnings-TTM | ₹192.7 Cr | TTM-Consolidated Results |
Price/Earnings | 19.30x | 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 [ ₹3,718.8 Cr] as on Dec 04,2024
(/) Earnings [ ₹192.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.30x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 19.30 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 | 19.30 | 3,718.8 |
COAL INDIA LTD | 34,369.90 | 7.47 | 256,770.0 |
NMDC LTD | 6,045.36 | 11.35 | 68,605.5 |
KIOCL LTD | -123.81 | -182.88 | 22,641.8 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 634.92 | 17.86 | 11,338.3 |
SANDUR MANGANESE & IRON ORES LTD | 351.03 | 24.67 | 8,660.8 |
MOIL LTD | 347.56 | 20.06 | 6,972.4 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 30.92 | 104.85 | 3,241.8 |
20 MICRONS LTD | 59.38 | 15.92 | 945.2 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -182.88x |
Max industry PE | 104.85x |
Median industry PE | 17.86x |
Average industry PE | 4.29x |
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