ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 17.29.
| Share Price | ₹706.7 | Jun 17,2026 |
| Market Cap | ₹6,749.0 Cr | |
| Earnings-TTM | ₹390.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 17.29x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ASHAPURA MINECHEM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,749.0 Cr] as on Jun 17,2026
(/) Earnings [ ₹390.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.29x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 17.29 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 ASHAPURA MINECHEM !
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 ASHAPURA MINECHEM over the last five years.
Historical PE (Price/Earnings) ratio chart of ASHAPURA MINECHEM
PE Ratio Performance Analysis for ASHAPURA MINECHEM
- ASHAPURA MINECHEM 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 11.23x.
- ASHAPURA MINECHEM 's operated at median p/e ratio of 11.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHAPURA MINECHEM 's p/e ratio peaked in Mar2022 at 13.45x.
- ASHAPURA MINECHEM 's p/e ratio hit its five-year low in Mar2023 of 8.75x.
How does ASHAPURA MINECHEM 's P/E Ratio benchmark against top 10 peers in Mining & Minerals Industry?
| Peer Comparison (Mining & Minerals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ASHAPURA MINECHEM | 390.36 | 17.29 | 6,749.0 |
| COAL INDIA LTD | 30,312.20 | 9.26 | 280,743.0 |
| NMDC LTD | 7,415.37 | 10.43 | 77,368.0 |
| KIOCL LTD | 16.57 | 1,504.89 | 24,936.0 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 957.38 | 20.61 | 19,727.1 |
| SANDUR MANGANESE & IRON ORES LTD | 658.76 | 15.91 | 10,478.0 |
| MOIL LTD | 267.48 | 22.54 | 6,030.3 |
| DECCAN GOLD MINES LTD | -76.07 | -51.59 | 3,924.4 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | -26.75 | -95.60 | 2,556.8 |
| 20 MICRONS LTD | 67.24 | 9.73 | 654.0 |
| ASI INDUSTRIES LTD | 22.69 | 9.95 | 225.7 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -95.60x |
| Max industry PE | 1,504.89x |
| Median industry PE | 10.43x |
| Average industry PE | 133.95x |
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