DECCAN CEMENTS
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The Current P/E Ratio of DECCAN CEMENTS is 54.01.
Share Price | ₹662.2 | Feb 07,2025 |
Market Cap | ₹927.1 Cr | |
Earnings-TTM | ₹17.2 Cr | TTM-Standalone Results |
Price/Earnings | 54.01x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DECCAN CEMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹927.1 Cr] as on Feb 07,2025
(/) Earnings [ ₹17.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 54.01x ]
Thus, for DECCAN CEMENTS , the investors are currently willing to pay 54.01 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 DECCAN CEMENTS !
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 DECCAN CEMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of DECCAN CEMENTS
PE Ratio Performance Analysis for DECCAN CEMENTS
- DECCAN CEMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.50x.
- DECCAN CEMENTS 's operated at median p/e ratio of 8.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DECCAN CEMENTS 's p/e ratio peaked in Mar2024 at 22.2x.
- DECCAN CEMENTS 's p/e ratio hit its five-year low in Mar2020 of 4.63x.
How does DECCAN CEMENTS 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DECCAN CEMENTS | 17.16 | 54.01 | 927.1 |
ULTRATECH CEMENT LTD | 6,243.24 | 53.87 | 336,339.0 |
AMBUJA CEMENTS LTD | 5,396.40 | 23.41 | 126,309.0 |
SHREE CEMENT LTD | 1,224.56 | 83.27 | 101,972.0 |
ACC LTD | 2,596.11 | 14.45 | 37,520.8 |
DALMIA BHARAT LTD | 580.00 | 59.86 | 34,718.3 |
JK CEMENT LTD | 729.87 | 51.62 | 37,677.9 |
THE RAMCO CEMENTS LTD | 373.35 | 56.65 | 21,151.7 |
NUVOCO VISTAS CORPORATION LTD | -43.35 | -296.48 | 12,852.3 |
JK LAKSHMI CEMENT LTD | 279.20 | 35.39 | 9,880.8 |
STAR CEMENT LTD | 133.37 | 64.64 | 8,621.2 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs DECCAN CEMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -296.48x |
Max industry PE | 83.27x |
Median industry PE | 53.87x |
Average industry PE | 18.25x |
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