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ANDHRA CEMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ANDHRA CEMENTS is 0.84.

Share Price ₹98.0Apr 26,2024
Market Cap ₹903.8 Cr
Earnings-TTM₹1,075.2 CrTTM-Standalone Results
Price/Earnings0.84xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ANDHRA CEMENTS

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 ANDHRA CEMENTS is calculated as :

Current Market Cap [ ₹903.8 Cr] as on Apr 26,2024

(/) Earnings [ ₹1,075.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 0.84x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ANDHRA CEMENTS , the investors are currently willing to pay 0.84 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 ANDHRA 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 ANDHRA CEMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of ANDHRA CEMENTS


PE Ratio Performance Analysis for ANDHRA CEMENTS

- ANDHRA CEMENTS 's latest p/e ratio is 0.84x.

- ANDHRA CEMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.01x.

- ANDHRA CEMENTS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ANDHRA CEMENTS 's p/e ratio peaked in Mar2023 at 0.05x.

- ANDHRA CEMENTS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ANDHRA 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 RatioMarket Cap
ANDHRA CEMENTS 1,075.180.84903.8
ULTRATECH CEMENT LTD6,401.0743.75280,042.0
AMBUJA CEMENTS LTD3,951.8042.79169,083.0
SHREE CEMENT LTD2,245.6238.7987,104.0
ACC LTD2,323.6020.4047,405.0
DALMIA BHARAT LTD854.0039.5133,744.5
JK CEMENT LTD685.5045.8131,400.3
THE RAMCO CEMENTS LTD414.3845.4718,840.8
NUVOCO VISTAS CORPORATION LTD248.0849.2212,209.4
JK LAKSHMI CEMENT LTD440.5921.219,343.0
STAR CEMENT LTD303.5630.289,191.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 0.84x
Max industry PE 49.22x
Median industry PE 39.51x
Average industry PE 34.37x



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