ASHAPURA MINECHEM
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The Current P/E Ratio of ASHAPURA MINECHEM is 16.70.
| Share Price | ₹613.4 | Apr 24,2026 |
| Market Cap | ₹5,857.5 Cr | |
| Earnings-TTM | ₹350.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 16.70x | 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 [ ₹5,857.5 Cr] as on Apr 24,2026
(/) Earnings [ ₹350.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.70x ]
Thus, for ASHAPURA MINECHEM , the investors are currently willing to pay 16.70 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 | 350.75 | 16.70 | 5,857.5 |
| COAL INDIA LTD | 28,944.30 | 9.71 | 280,928.0 |
| NMDC LTD | 6,880.97 | 11.40 | 78,440.6 |
| KIOCL LTD | -73.68 | -329.69 | 24,291.8 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 988.99 | 21.53 | 21,293.3 |
| SANDUR MANGANESE & IRON ORES LTD | 579.37 | 17.56 | 10,171.7 |
| MOIL LTD | 290.52 | 22.36 | 6,495.3 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | -26.75 | -89.54 | 2,394.6 |
| RAGHAV PRODUCTIVITY ENHANCERS LTD | 54.80 | 56.98 | 3,122.5 |
| DECCAN GOLD MINES LTD | -94.83 | -24.85 | 2,356.8 |
| 20 MICRONS LTD | 64.85 | 9.58 | 621.0 |
Mining & Minerals Industry Benchmark (Top 10) PE Analysis vs ASHAPURA MINECHEM 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -329.69x |
| Max industry PE | 56.98x |
| Median industry PE | 11.40x |
| Average industry PE | -25.30x |
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