ASI INDUSTRIES
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The Current P/E Ratio of ASI INDUSTRIES is 9.07.
Share Price | ₹23.2 | Mar 28,2024 |
Market Cap | ₹209.0 Cr | |
Earnings-TTM | ₹23.0 Cr | TTM-Standalone Results |
Price/Earnings | 9.07x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹209.0 Cr] as on Mar 28,2024
(/) Earnings [ ₹23.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 9.07x ]
Thus, for ASI INDUSTRIES , the investors are currently willing to pay 9.07 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 ASI INDUSTRIES !
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 ASI INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of ASI INDUSTRIES
PE Ratio Performance Analysis for ASI INDUSTRIES
- ASI INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.57x.
- ASI INDUSTRIES 's operated at median p/e ratio of 5.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASI INDUSTRIES 's p/e ratio peaked in Mar2021 at 15.88x.
- ASI INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ASI INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASI INDUSTRIES | 23.05 | 9.07 | 209.0 |
KAJARIA CERAMICS LTD | 439.16 | 41.94 | 18,417.4 |
CERA SANITARYWARE LTD | 228.78 | 38.53 | 8,815.1 |
SOMANY CERAMICS LTD | 89.90 | 26.29 | 2,363.5 |
POKARNA LTD | 82.54 | 16.00 | 1,320.8 |
GLOBAL SURFACES LTD | 14.70 | 66.45 | 976.7 |
ASIAN GRANITO INDIA LTD | -62.62 | -11.58 | 725.2 |
ORIENT BELL LTD | 1.57 | 322.04 | 505.6 |
NITCO LTD | -151.70 | -2.65 | 401.4 |
EXXARO TILES LTD | 2.15 | 175.29 | 377.4 |
MURUDESHWAR CERAMICS LTD | 6.66 | 42.20 | 281.0 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -11.58x |
Max industry PE | 322.04x |
Median industry PE | 38.53x |
Average industry PE | 65.78x |
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