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ASIAN GRANITO INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASIAN GRANITO INDIA is -12.55.

Share Price ₹62.0Apr 23,2024
Market Cap ₹786.0 Cr
Earnings-TTM₹-62.6 CrTTM-Consolidated Results
Price/Earnings-12.55xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASIAN GRANITO INDIA

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 ASIAN GRANITO INDIA is calculated as :

Current Market Cap [ ₹786.0 Cr] as on Apr 23,2024

(/) Earnings [ ₹-62.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -12.55x ]

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

Thus, for ASIAN GRANITO INDIA , the investors are currently willing to pay -12.55 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 ASIAN GRANITO INDIA !

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 ASIAN GRANITO INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ASIAN GRANITO INDIA


PE Ratio Performance Analysis for ASIAN GRANITO INDIA

- ASIAN GRANITO INDIA 's latest p/e ratio is -12.55x.

- ASIAN GRANITO INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.00x.

- ASIAN GRANITO INDIA 's operated at median p/e ratio of 5.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASIAN GRANITO INDIA 's p/e ratio peaked in Mar2019 at 22.59x.

- ASIAN GRANITO INDIA 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ASIAN GRANITO INDIA '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
ASIAN GRANITO INDIA -62.62-12.55786.0
KAJARIA CERAMICS LTD439.1643.6219,154.0
CERA SANITARYWARE LTD228.7841.529,499.4
SOMANY CERAMICS LTD89.9028.612,572.4
POKARNA LTD82.5417.611,453.9
GLOBAL SURFACES LTD14.7063.35931.1
ORIENT BELL LTD1.57339.14532.5
NITCO LTD-151.70-2.99452.9
EXXARO TILES LTD2.15203.17437.4
MURUDESHWAR CERAMICS LTD6.6646.39308.8
ASI INDUSTRIES LTD23.059.72224.0

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs ASIAN GRANITO INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.55x
Max industry PE 339.14x
Median industry PE 41.52x
Average industry PE 70.69x



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