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ASI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASI INDUSTRIES is 12.39.

Share Price ₹39.9Jan 28,2025
Market Cap ₹359.5 Cr
Earnings-TTM₹29.0 CrTTM-Standalone Results
Price/Earnings12.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASI INDUSTRIES

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 ASI INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 12.39x.

- 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 RatioMarket Cap
ASI INDUSTRIES 29.0212.39359.5
KAJARIA CERAMICS LTD396.3139.7615,756.8
CERA SANITARYWARE LTD243.2932.757,968.0
SOMANY CERAMICS LTD86.8822.841,984.4
POKARNA LTD115.5727.893,223.2
GLOBAL SURFACES LTD6.7881.77554.6
ASIAN GRANITO INDIA LTD-8.44-99.44839.2
ORIENT BELL LTD4.6885.71401.1
NITCO LTD-176.69-8.821,557.6
EXXARO TILES LTD-2.99-142.31425.9
MURUDESHWAR CERAMICS LTD7.4234.83258.4

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASI INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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