SHREE CEMENT
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The Current P/E Ratio of SHREE CEMENT is 56.58.
| Share Price | ₹27,155.1 | Dec 03,2024 |
| Market Cap | ₹98,029.9 Cr | |
| Earnings-TTM | ₹1,732.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 56.58x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SHREE 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)
Current Market Cap [ ₹98,029.9 Cr] as on Dec 03,2024
(/) Earnings [ ₹1,732.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 56.58x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SHREE CEMENT , the investors are currently willing to pay 56.58 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 SHREE 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 SHREE CEMENT over the last five years.
Thus, for SHREE CEMENT , the investors are currently willing to pay 56.58 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 SHREE 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 SHREE CEMENT over the last five years.
Historical PE (Price/Earnings) ratio chart of SHREE CEMENT
PE Ratio Performance Analysis for SHREE CEMENT
- SHREE CEMENT 's latest p/e ratio is 56.58x.
- SHREE CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 47.59x.
- SHREE CEMENT 's operated at median p/e ratio of 41.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE CEMENT 's p/e ratio peaked in Mar2023 at 74.33x.
- SHREE CEMENT 's p/e ratio hit its five-year low in Mar2022 of 37.12x.
- SHREE CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 47.59x.
- SHREE CEMENT 's operated at median p/e ratio of 41.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHREE CEMENT 's p/e ratio peaked in Mar2023 at 74.33x.
- SHREE CEMENT 's p/e ratio hit its five-year low in Mar2022 of 37.12x.
How does SHREE 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 |
|---|---|---|---|
| SHREE CEMENT | 1,732.69 | 56.58 | 98,029.9 |
| ULTRATECH CEMENT LTD | 6,537.49 | 52.33 | 342,091.0 |
| AMBUJA CEMENTS LTD | 3,858.60 | 36.18 | 139,585.0 |
| ACC LTD | 2,034.73 | 21.15 | 43,031.4 |
| DALMIA BHARAT LTD | 780.00 | 46.38 | 36,179.3 |
| JK CEMENT LTD | 824.46 | 43.55 | 35,909.3 |
| THE RAMCO CEMENTS LTD | 274.10 | 89.63 | 24,568.5 |
| NUVOCO VISTAS CORPORATION LTD | 49.05 | 267.63 | 13,127.3 |
| JK LAKSHMI CEMENT LTD | 366.53 | 26.68 | 9,777.2 |
| STAR CEMENT LTD | 197.84 | 40.07 | 7,928.0 |
| PRISM JOHNSON LTD | -180.57 | -52.10 | 9,407.7 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs SHREE CEMENT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -52.10x |
| Max industry PE | 267.63x |
| Median industry PE | 43.55x |
| Average industry PE | 57.10x |
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