THE RAMCO CEMENTS
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The Current P/E Ratio of THE RAMCO CEMENTS is 60.25.
Share Price | ₹891.5 | Nov 01,2024 |
Market Cap | ₹21,065.0 Cr | |
Earnings-TTM | ₹349.6 Cr | TTM-Consolidated Results |
Price/Earnings | 60.25x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of THE RAMCO CEMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹21,065.0 Cr] as on Nov 01,2024
(/) Earnings [ ₹349.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 60.25x ]
Thus, for THE RAMCO CEMENTS , the investors are currently willing to pay 60.25 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 THE RAMCO 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 RAMCO CEMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of THE RAMCO CEMENTS
PE Ratio Performance Analysis for THE RAMCO CEMENTS
- THE RAMCO CEMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 36.17x.
- THE RAMCO CEMENTS 's operated at median p/e ratio of 30.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE RAMCO CEMENTS 's p/e ratio peaked in Mar2023 at 56.77x.
- THE RAMCO CEMENTS 's p/e ratio hit its five-year low in Mar2020 of 20.06x.
How does THE RAMCO 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 RAMCO CEMENTS | 349.63 | 60.25 | 21,065.0 |
ULTRATECH CEMENT LTD | 6,537.49 | 49.19 | 321,559.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 37.21 | 143,575.0 |
SHREE CEMENT LTD | 2,102.67 | 43.26 | 90,971.3 |
ACC LTD | 2,034.73 | 21.49 | 43,719.7 |
DALMIA BHARAT LTD | 780.00 | 44.22 | 34,492.8 |
JK CEMENT LTD | 824.46 | 40.69 | 33,543.3 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 261.80 | 12,841.5 |
JK LAKSHMI CEMENT LTD | 473.36 | 20.67 | 9,784.3 |
STAR CEMENT LTD | 232.84 | 36.77 | 8,562.6 |
PRISM JOHNSON LTD | 107.07 | 90.26 | 9,664.5 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs THE RAMCO CEMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.67x |
Max industry PE | 261.80x |
Median industry PE | 43.26x |
Average industry PE | 64.17x |
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