ASI INDUSTRIES
|
The Current P/E Ratio of ASI INDUSTRIES is 12.39.
Share Price | ₹39.9 | Jan 28,2025 |
Market Cap | ₹359.5 Cr | |
Earnings-TTM | ₹29.0 Cr | TTM-Standalone Results |
Price/Earnings | 12.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹359.5 Cr] as on Jan 28,2025
(/) Earnings [ ₹29.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 12.39x ]
Thus, for ASI INDUSTRIES , the investors are currently willing to pay 12.39 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 ASI INDUSTRIES !
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 ASI INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ASI INDUSTRIES
PE Ratio Performance Analysis for ASI INDUSTRIES
- ASI INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.99x.
- ASI INDUSTRIES 's operated at median p/e ratio of 5.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASI INDUSTRIES 's p/e ratio peaked in Mar2021 at 15.88x.
- ASI INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ASI INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASI INDUSTRIES | 29.02 | 12.39 | 359.5 |
KAJARIA CERAMICS LTD | 396.31 | 39.76 | 15,756.8 |
CERA SANITARYWARE LTD | 243.29 | 32.75 | 7,968.0 |
SOMANY CERAMICS LTD | 86.88 | 22.84 | 1,984.4 |
POKARNA LTD | 115.57 | 27.89 | 3,223.2 |
GLOBAL SURFACES LTD | 6.78 | 81.77 | 554.6 |
ASIAN GRANITO INDIA LTD | -8.44 | -99.44 | 839.2 |
ORIENT BELL LTD | 4.68 | 85.71 | 401.1 |
NITCO LTD | -176.69 | -8.82 | 1,557.6 |
EXXARO TILES LTD | -2.99 | -142.31 | 425.9 |
MURUDESHWAR CERAMICS LTD | 7.42 | 34.83 | 258.4 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -142.31x |
Max industry PE | 85.71x |
Median industry PE | 27.89x |
Average industry PE | 7.94x |
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