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ASI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASI INDUSTRIES is 9.07.

Share Price ₹23.2Mar 28,2024
Market Cap ₹209.0 Cr
Earnings-TTM₹23.0 CrTTM-Standalone Results
Price/Earnings9.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASI INDUSTRIES

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 ASI INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 9.07x.

- 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 RatioMarket Cap
ASI INDUSTRIES 23.059.07209.0
KAJARIA CERAMICS LTD439.1641.9418,417.4
CERA SANITARYWARE LTD228.7838.538,815.1
SOMANY CERAMICS LTD89.9026.292,363.5
POKARNA LTD82.5416.001,320.8
GLOBAL SURFACES LTD14.7066.45976.7
ASIAN GRANITO INDIA LTD-62.62-11.58725.2
ORIENT BELL LTD1.57322.04505.6
NITCO LTD-151.70-2.65401.4
EXXARO TILES LTD2.15175.29377.4
MURUDESHWAR CERAMICS LTD6.6642.20281.0

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASI INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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