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SAURASHTRA CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of SAURASHTRA CEMENT is 53.24.

Share Price ₹105.8Dec 20,2024
Market Cap ₹1,175.4 Cr
Earnings-TTM₹22.1 CrTTM-Consolidated Results
Price/Earnings53.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SAURASHTRA CEMENT

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 SAURASHTRA CEMENT is calculated as :

Current Market Cap [ ₹1,175.4 Cr] as on Dec 20,2024

(/) Earnings [ ₹22.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 53.24x ]

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

Thus, for SAURASHTRA CEMENT , the investors are currently willing to pay 53.24 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 SAURASHTRA CEMENT !

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 SAURASHTRA CEMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of SAURASHTRA CEMENT


PE Ratio Performance Analysis for SAURASHTRA CEMENT

- SAURASHTRA CEMENT 's latest p/e ratio is 53.24x.

- SAURASHTRA CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.13x.

- SAURASHTRA CEMENT 's operated at median p/e ratio of 6.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SAURASHTRA CEMENT 's p/e ratio peaked in Mar2024 at 20.73x.

- SAURASHTRA CEMENT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does SAURASHTRA CEMENT 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SAURASHTRA CEMENT 22.0853.241,175.4
ULTRATECH CEMENT LTD6,537.4950.45329,829.0
AMBUJA CEMENTS LTD3,858.6035.04135,189.0
SHREE CEMENT LTD1,732.6956.3597,643.3
ACC LTD2,034.7319.0538,767.7
DALMIA BHARAT LTD780.0043.3633,818.0
JK CEMENT LTD824.4642.3134,887.0
THE RAMCO CEMENTS LTD274.1085.1323,335.1
NUVOCO VISTAS CORPORATION LTD49.05256.3812,575.5
JK LAKSHMI CEMENT LTD366.5326.729,792.5
STAR CEMENT LTD197.8443.568,617.1

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs SAURASHTRA CEMENT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.05x
Max industry PE 256.38x
Median industry PE 43.56x
Average industry PE 64.69x



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