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SHREE CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREE CEMENT is 50.25.

Share Price ₹24,118.1Nov 19,2024
Market Cap ₹87,066.3 Cr
Earnings-TTM₹1,732.7 CrTTM-Consolidated Results
Price/Earnings50.25xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of SHREE CEMENT is calculated as :

Current Market Cap [ ₹87,066.3 Cr] as on Nov 19,2024

(/) Earnings [ ₹1,732.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 50.25x ]

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 50.25 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 50.25x.

- 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 RatioMarket Cap
SHREE CEMENT 1,732.6950.2587,066.3
ULTRATECH CEMENT LTD6,537.4947.58311,061.0
AMBUJA CEMENTS LTD3,858.6035.08135,373.0
ACC LTD2,034.7320.1741,032.5
DALMIA BHARAT LTD780.0042.0132,769.4
JK CEMENT LTD824.4637.0830,569.6
THE RAMCO CEMENTS LTD274.1077.8821,347.8
NUVOCO VISTAS CORPORATION LTD49.05246.3312,082.6
JK LAKSHMI CEMENT LTD366.5324.048,812.9
STAR CEMENT LTD197.8436.617,242.9
PRISM JOHNSON LTD-180.57-50.829,176.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -50.82x
Max industry PE 246.33x
Median industry PE 37.08x
Average industry PE 51.47x



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