ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 10.37.
| Share Price | ₹417.6 | Nov 03,2026 |
| Market Cap | ₹3,987.6 Cr | |
| Earnings-TTM | ₹384.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 10.37x | 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 [ ₹3,987.6 Cr] as on Nov 03,2026
(/) Earnings [ ₹384.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.37x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 10.37 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 Mar2026 to Mar2022 averaged 11.35x.
- ASHAPURA MINECHEM 's operated at median p/e ratio of 11.61x 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 | 384.54 | 10.37 | 3,987.6 |
| COAL INDIA LTD | 32,531.80 | 7.74 | 251,902.0 |
| NMDC LTD | 7,453.69 | 8.03 | 59,889.9 |
| KIOCL LTD | 38.88 | 521.08 | 20,259.4 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 661.64 | 20.46 | 13,534.1 |
| SANDUR MANGANESE & IRON ORES LTD | 720.58 | 11.07 | 7,977.0 |
| MOIL LTD | 294.93 | 14.02 | 4,135.8 |
| DECCAN GOLD MINES LTD | -60.58 | -61.78 | 3,742.7 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | 3.33 | 573.19 | 1,908.2 |
| 20 MICRONS LTD | 64.66 | 9.55 | 617.3 |
| ASI INDUSTRIES LTD | 26.60 | 7.31 | 194.6 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -61.78x |
| Max industry PE | 573.19x |
| Median industry PE | 10.37x |
| Average industry PE | 101.91x |
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