DECCAN CEMENTS
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The Current P/E Ratio of DECCAN CEMENTS is 368.37.
Share Price | ₹681.0 | Feb 19,2025 |
Market Cap | ₹953.3 Cr | |
Earnings-TTM | ₹2.6 Cr | TTM-Standalone Results |
Price/Earnings | 368.37x | 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 [ ₹953.3 Cr] as on Feb 19,2025
(/) Earnings [ ₹2.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 368.37x ]
Thus, for DECCAN CEMENTS , the investors are currently willing to pay 368.37 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 | 2.59 | 368.37 | 953.3 |
ULTRATECH CEMENT LTD | 6,243.24 | 52.20 | 325,917.0 |
AMBUJA CEMENTS LTD | 5,396.40 | 21.90 | 118,193.0 |
SHREE CEMENT LTD | 1,224.56 | 84.41 | 103,371.0 |
ACC LTD | 2,596.11 | 13.50 | 35,046.7 |
DALMIA BHARAT LTD | 580.00 | 57.27 | 33,217.8 |
JK CEMENT LTD | 729.87 | 48.90 | 35,692.9 |
THE RAMCO CEMENTS LTD | 373.35 | 54.53 | 20,360.1 |
NUVOCO VISTAS CORPORATION LTD | -43.35 | -264.22 | 11,454.0 |
JK LAKSHMI CEMENT LTD | 279.20 | 29.94 | 8,359.9 |
STAR CEMENT LTD | 133.37 | 65.55 | 8,742.4 |
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 | -264.22x |
Max industry PE | 368.37x |
Median industry PE | 52.20x |
Average industry PE | 48.40x |
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