THE INDIA CEMENTS
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The Current P/E Ratio of THE INDIA CEMENTS is -34.03.
Share Price | ₹356.3 | Nov 19,2024 |
Market Cap | ₹11,041.7 Cr | |
Earnings-TTM | ₹-324.5 Cr | TTM-Consolidated Results |
Price/Earnings | -34.03x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THE INDIA CEMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,041.7 Cr] as on Nov 19,2024
(/) Earnings [ ₹-324.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -34.03x ]
Thus, for THE INDIA CEMENTS , the investors are currently willing to pay -34.03 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 THE INDIA CEMENTS !
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 THE INDIA CEMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of THE INDIA CEMENTS
PE Ratio Performance Analysis for THE INDIA CEMENTS
- THE INDIA CEMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.65x.
- THE INDIA CEMENTS 's operated at median p/e ratio of 25.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE INDIA CEMENTS 's p/e ratio peaked in Mar2022 at 82.7x.
- THE INDIA CEMENTS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does THE INDIA CEMENTS '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 |
---|---|---|---|
THE INDIA CEMENTS | -324.46 | -34.03 | 11,041.7 |
ULTRATECH CEMENT LTD | 6,537.49 | 47.58 | 311,061.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 35.08 | 135,373.0 |
SHREE CEMENT LTD | 1,732.69 | 50.22 | 87,019.9 |
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 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs THE INDIA CEMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -34.03x |
Max industry PE | 246.33x |
Median industry PE | 37.08x |
Average industry PE | 53.00x |
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