MORGANITE CRUCIBLE (INDIA)
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The Current P/E Ratio of MORGANITE CRUCIBLE (INDIA) is 42.80.
Share Price | ₹1,848.4 | Nov 22,2024 |
Market Cap | ₹1,035.1 Cr | |
Earnings-TTM | ₹24.2 Cr | TTM-Standalone Results |
Price/Earnings | 42.80x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MORGANITE CRUCIBLE (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,035.1 Cr] as on Nov 22,2024
(/) Earnings [ ₹24.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 42.80x ]
Thus, for MORGANITE CRUCIBLE (INDIA) , the investors are currently willing to pay 42.80 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 MORGANITE CRUCIBLE (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 MORGANITE CRUCIBLE (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of MORGANITE CRUCIBLE (INDIA)
PE Ratio Performance Analysis for MORGANITE CRUCIBLE (INDIA)
- MORGANITE CRUCIBLE (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.12x.
- MORGANITE CRUCIBLE (INDIA) 's operated at median p/e ratio of 15.24x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MORGANITE CRUCIBLE (INDIA) 's p/e ratio peaked in Mar2024 at 31.93x.
- MORGANITE CRUCIBLE (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does MORGANITE CRUCIBLE (INDIA) 's P/E Ratio benchmark against top 10 peers in Refractories Industry?
Peer Comparison (Refractories Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MORGANITE CRUCIBLE (INDIA) | 24.18 | 42.80 | 1,035.1 |
RHI MAGNESITA INDIA LTD | -99.72 | -105.61 | 10,531.6 |
VESUVIUS INDIA LTD | 261.66 | 40.52 | 10,602.9 |
IFGL REFRACTORIES LTD | 50.79 | 33.80 | 1,716.9 |
ORIENT CERATECH LTD | 14.30 | 34.90 | 499.1 |
ASSOCIATED CERAMICS LTD | 1.49 | 37.57 | 55.9 |
NILACHAL REFRACTORIES LTD | -7.97 | -10.72 | 85.4 |
Refractories Industry Benchmark (Top 10) PE Analysis vs MORGANITE CRUCIBLE (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -105.61x |
Max industry PE | 42.80x |
Median industry PE | 34.90x |
Average industry PE | 10.47x |
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