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ASIAN GRANITO INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASIAN GRANITO INDIA is -111.22.

Share Price ₹67.4Nov 22,2024
Market Cap ₹938.6 Cr
Earnings-TTM₹-8.4 CrTTM-Consolidated Results
Price/Earnings-111.22xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASIAN GRANITO INDIA

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 ASIAN GRANITO INDIA is calculated as :

Current Market Cap [ ₹938.6 Cr] as on Nov 22,2024

(/) Earnings [ ₹-8.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -111.22x ]

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

Thus, for ASIAN GRANITO INDIA , the investors are currently willing to pay -111.22 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 ASIAN GRANITO INDIA !

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 ASIAN GRANITO INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ASIAN GRANITO INDIA


PE Ratio Performance Analysis for ASIAN GRANITO INDIA

- ASIAN GRANITO INDIA 's latest p/e ratio is -111.22x.

- ASIAN GRANITO INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.48x.

- ASIAN GRANITO INDIA 's operated at median p/e ratio of 4.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASIAN GRANITO INDIA 's p/e ratio peaked in Mar2020 at 7.4x.

- ASIAN GRANITO INDIA 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does ASIAN GRANITO INDIA '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
ASIAN GRANITO INDIA -8.44-111.22938.6
KAJARIA CERAMICS LTD396.3147.1118,669.9
CERA SANITARYWARE LTD243.2937.109,026.6
SOMANY CERAMICS LTD86.8830.312,633.1
POKARNA LTD115.5726.473,059.5
GLOBAL SURFACES LTD6.78109.42742.1
ORIENT BELL LTD0.321,484.69475.1
NITCO LTD-176.69-4.83853.3
EXXARO TILES LTD-2.99-135.52405.6
MURUDESHWAR CERAMICS LTD7.4239.07289.9
ASI INDUSTRIES LTD26.9013.22355.8

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASIAN GRANITO INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -135.52x
Max industry PE 1,484.69x
Median industry PE 30.31x
Average industry PE 139.62x



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