ASIAN GRANITO INDIA
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The Current P/E Ratio of ASIAN GRANITO INDIA is -64.77.
Share Price | ₹74.2 | Nov 08,2024 |
Market Cap | ₹1,033.0 Cr | |
Earnings-TTM | ₹-15.9 Cr | TTM-Consolidated Results |
Price/Earnings | -64.77x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASIAN GRANITO INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,033.0 Cr] as on Nov 08,2024
(/) Earnings [ ₹-15.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -64.77x ]
Thus, for ASIAN GRANITO INDIA , the investors are currently willing to pay -64.77 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 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 Ratio | Market Cap |
---|---|---|---|
ASIAN GRANITO INDIA | -15.95 | -64.77 | 1,033.0 |
KAJARIA CERAMICS LTD | 396.31 | 48.21 | 19,106.3 |
CERA SANITARYWARE LTD | 232.07 | 39.12 | 9,079.0 |
SOMANY CERAMICS LTD | 86.88 | 32.23 | 2,800.2 |
POKARNA LTD | 103.39 | 30.51 | 3,154.7 |
GLOBAL SURFACES LTD | 16.34 | 48.76 | 796.8 |
ORIENT BELL LTD | 0.32 | 1,443.72 | 462.0 |
NITCO LTD | -173.72 | -4.88 | 847.9 |
EXXARO TILES LTD | -2.15 | -188.79 | 405.5 |
MURUDESHWAR CERAMICS LTD | 5.92 | 52.35 | 310.1 |
ASI INDUSTRIES LTD | 26.90 | 15.74 | 423.5 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASIAN GRANITO INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -188.79x |
Max industry PE | 1,443.72x |
Median industry PE | 32.23x |
Average industry PE | 132.02x |
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