SAURASHTRA CEMENT
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The Current P/E Ratio of SAURASHTRA CEMENT is 53.24.
Share Price | ₹105.8 | Dec 20,2024 |
Market Cap | ₹1,175.4 Cr | |
Earnings-TTM | ₹22.1 Cr | TTM-Consolidated Results |
Price/Earnings | 53.24x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SAURASHTRA CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SAURASHTRA CEMENT | 22.08 | 53.24 | 1,175.4 |
ULTRATECH CEMENT LTD | 6,537.49 | 50.45 | 329,829.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 35.04 | 135,189.0 |
SHREE CEMENT LTD | 1,732.69 | 56.35 | 97,643.3 |
ACC LTD | 2,034.73 | 19.05 | 38,767.7 |
DALMIA BHARAT LTD | 780.00 | 43.36 | 33,818.0 |
JK CEMENT LTD | 824.46 | 42.31 | 34,887.0 |
THE RAMCO CEMENTS LTD | 274.10 | 85.13 | 23,335.1 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 256.38 | 12,575.5 |
JK LAKSHMI CEMENT LTD | 366.53 | 26.72 | 9,792.5 |
STAR CEMENT LTD | 197.84 | 43.56 | 8,617.1 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs SAURASHTRA CEMENT 's P/E Ratio
Top 10 Industry Peers | PE 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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