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ASHAPURA MINECHEM
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASHAPURA MINECHEM is 14.32.

Share Price ₹525.9Apr 13,2026
Market Cap ₹5,022.3 Cr
Earnings-TTM₹350.8 CrTTM-Consolidated Results
Price/Earnings14.32xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASHAPURA MINECHEM

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 ASHAPURA MINECHEM is calculated as :

Current Market Cap [ ₹5,022.3 Cr] as on Apr 13,2026

(/) Earnings [ ₹350.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.32x ]

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

Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 14.32 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 latest p/e ratio is 14.32x.

- 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 RatioMarket Cap
ASHAPURA MINECHEM 350.7514.325,022.3
COAL INDIA LTD28,944.309.26268,140.0
NMDC LTD6,880.9710.9675,433.8
KIOCL LTD-73.68-295.0921,742.3
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD988.9919.7619,541.1
SANDUR MANGANESE & IRON ORES LTD579.3716.999,841.2
MOIL LTD290.5221.416,219.5
THE ORISSA MINERALS DEVELOPMENT COMPANY LTD-26.75-83.382,230.0
RAGHAV PRODUCTIVITY ENHANCERS LTD49.7763.623,166.1
DECCAN GOLD MINES LTD-94.83-21.041,995.6
20 MICRONS LTD64.858.72565.6

Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -295.09x
Max industry PE 63.62x
Median industry PE 10.96x
Average industry PE -21.32x



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