HEIDELBERG CEMENT INDIA
|
The Current P/E Ratio of HEIDELBERG CEMENT INDIA is 36.78.
Share Price | ₹212.2 | Nov 19,2024 |
Market Cap | ₹4,808.5 Cr | |
Earnings-TTM | ₹130.7 Cr | TTM-Standalone Results |
Price/Earnings | 36.78x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HEIDELBERG CEMENT INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,808.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹130.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 36.78x ]
Thus, for HEIDELBERG CEMENT INDIA , the investors are currently willing to pay 36.78 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 HEIDELBERG CEMENT 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 HEIDELBERG CEMENT INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of HEIDELBERG CEMENT INDIA
PE Ratio Performance Analysis for HEIDELBERG CEMENT INDIA
- HEIDELBERG CEMENT INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.80x.
- HEIDELBERG CEMENT INDIA 's operated at median p/e ratio of 17.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HEIDELBERG CEMENT INDIA 's p/e ratio peaked in Mar2023 at 36.71x.
- HEIDELBERG CEMENT INDIA 's p/e ratio hit its five-year low in Mar2020 of 12.01x.
How does HEIDELBERG CEMENT INDIA '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 |
---|---|---|---|
HEIDELBERG CEMENT INDIA | 130.74 | 36.78 | 4,808.5 |
ULTRATECH CEMENT LTD | 6,537.49 | 47.58 | 311,061.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 35.08 | 135,373.0 |
SHREE CEMENT LTD | 1,732.69 | 50.22 | 87,019.9 |
ACC LTD | 2,034.73 | 20.17 | 41,032.5 |
DALMIA BHARAT LTD | 780.00 | 42.01 | 32,769.4 |
JK CEMENT LTD | 824.46 | 37.08 | 30,569.6 |
THE RAMCO CEMENTS LTD | 274.10 | 77.88 | 21,347.8 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 246.33 | 12,082.6 |
JK LAKSHMI CEMENT LTD | 366.53 | 24.04 | 8,812.9 |
STAR CEMENT LTD | 197.84 | 36.61 | 7,242.9 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs HEIDELBERG CEMENT INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.17x |
Max industry PE | 246.33x |
Median industry PE | 37.08x |
Average industry PE | 59.44x |
You may also like the below Video Courses