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MORGANITE CRUCIBLE (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of MORGANITE CRUCIBLE (INDIA) is 40.68.

Share Price ₹1,756.6Nov 27,2024
Market Cap ₹983.7 Cr
Earnings-TTM₹24.2 CrTTM-Standalone Results
Price/Earnings40.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MORGANITE CRUCIBLE (INDIA)

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of MORGANITE CRUCIBLE (INDIA) is calculated as :

Current Market Cap [ ₹983.7 Cr] as on Nov 27,2024

(/) Earnings [ ₹24.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 40.68x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for MORGANITE CRUCIBLE (INDIA) , the investors are currently willing to pay 40.68 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 latest p/e ratio is 40.68x.

- 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 RatioMarket Cap
MORGANITE CRUCIBLE (INDIA) 24.1840.68983.7
RHI MAGNESITA INDIA LTD-99.72-109.5910,929.1
VESUVIUS INDIA LTD261.6641.4810,854.0
IFGL REFRACTORIES LTD50.7934.101,731.9
ORIENT CERATECH LTD14.3035.77511.5
ASSOCIATED CERAMICS LTD1.4937.4955.8
NILACHAL REFRACTORIES LTD-7.97-10.5984.4

Refractories Industry Benchmark (Top 10) PE Analysis vs MORGANITE CRUCIBLE (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -109.59x
Max industry PE 41.48x
Median industry PE 35.77x
Average industry PE 9.90x



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