STAR CEMENT
|
The Current P/E Ratio of STAR CEMENT is 36.77.
Share Price | ₹180.0 | Nov 22,2024 |
Market Cap | ₹7,275.6 Cr | |
Earnings-TTM | ₹197.8 Cr | TTM-Consolidated Results |
Price/Earnings | 36.77x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STAR CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,275.6 Cr] as on Nov 22,2024
(/) Earnings [ ₹197.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.77x ]
Thus, for STAR CEMENT , the investors are currently willing to pay 36.77 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 STAR 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 STAR CEMENT over the last five years.
Historical PE (Price/Earnings) ratio chart of STAR CEMENT
PE Ratio Performance Analysis for STAR CEMENT
- STAR CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.03x.
- STAR CEMENT 's operated at median p/e ratio of 18.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STAR CEMENT 's p/e ratio peaked in Mar2024 at 30.99x.
- STAR CEMENT 's p/e ratio hit its five-year low in Mar2020 of 9.86x.
How does STAR 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 |
---|---|---|---|
STAR CEMENT | 197.84 | 36.77 | 7,275.6 |
ULTRATECH CEMENT LTD | 6,537.49 | 50.29 | 328,745.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 31.96 | 123,329.0 |
SHREE CEMENT LTD | 1,732.69 | 51.64 | 89,472.3 |
ACC LTD | 2,034.73 | 19.29 | 39,247.5 |
DALMIA BHARAT LTD | 780.00 | 43.45 | 33,894.8 |
JK CEMENT LTD | 824.46 | 38.76 | 31,952.0 |
THE RAMCO CEMENTS LTD | 274.10 | 81.52 | 22,343.8 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 246.00 | 12,066.5 |
JK LAKSHMI CEMENT LTD | 366.53 | 24.04 | 8,810.0 |
PRISM JOHNSON LTD | -180.57 | -50.65 | 9,146.0 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs STAR CEMENT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -50.65x |
Max industry PE | 246.00x |
Median industry PE | 38.76x |
Average industry PE | 52.10x |
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