SHREE CEMENT
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The Current P/E Ratio of SHREE CEMENT is 50.25.
Share Price | ₹24,118.1 | Nov 19,2024 |
Market Cap | ₹87,066.3 Cr | |
Earnings-TTM | ₹1,732.7 Cr | TTM-Consolidated Results |
Price/Earnings | 50.25x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHREE CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 | 50.25 | 87,066.3 |
ULTRATECH CEMENT LTD | 6,537.49 | 47.58 | 311,061.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 35.08 | 135,373.0 |
ACC LTD | 2,034.73 | 20.17 | 41,032.5 |
DALMIA BHARAT LTD | 780.00 | 42.01 | 32,769.4 |
JK CEMENT LTD | 824.46 | 37.08 | 30,569.6 |
THE RAMCO CEMENTS LTD | 274.10 | 77.88 | 21,347.8 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 246.33 | 12,082.6 |
JK LAKSHMI CEMENT LTD | 366.53 | 24.04 | 8,812.9 |
STAR CEMENT LTD | 197.84 | 36.61 | 7,242.9 |
PRISM JOHNSON LTD | -180.57 | -50.82 | 9,176.2 |
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 | -50.82x |
Max industry PE | 246.33x |
Median industry PE | 37.08x |
Average industry PE | 51.47x |
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