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CERA SANITARYWARE
PE (Price/Earnings) Ratio

The Current P/E Ratio of CERA SANITARYWARE is 41.50.

Share Price ₹7,303.9Apr 23,2024
Market Cap ₹9,495.1 Cr
Earnings-TTM₹228.8 CrTTM-Consolidated Results
Price/Earnings41.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CERA SANITARYWARE

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 CERA SANITARYWARE is calculated as :

Current Market Cap [ ₹9,495.1 Cr] as on Apr 23,2024

(/) Earnings [ ₹228.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 41.50x ]

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

Thus, for CERA SANITARYWARE , the investors are currently willing to pay 41.50 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 CERA SANITARYWARE !

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 CERA SANITARYWARE over the last five years.

Historical PE (Price/Earnings) ratio chart of CERA SANITARYWARE


PE Ratio Performance Analysis for CERA SANITARYWARE

- CERA SANITARYWARE 's latest p/e ratio is 41.50x.

- CERA SANITARYWARE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 38.71x.

- CERA SANITARYWARE 's operated at median p/e ratio of 39.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CERA SANITARYWARE 's p/e ratio peaked in Mar2021 at 50.39x.

- CERA SANITARYWARE 's p/e ratio hit its five-year low in Mar2020 of 26.51x.


How does CERA SANITARYWARE '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
CERA SANITARYWARE 228.7841.509,495.1
KAJARIA CERAMICS LTD439.1643.6219,154.0
SOMANY CERAMICS LTD89.9028.612,572.4
POKARNA LTD82.5417.611,453.9
GLOBAL SURFACES LTD14.7063.35931.1
ASIAN GRANITO INDIA LTD-62.62-12.56786.3
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 CERA SANITARYWARE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.56x
Max industry PE 339.14x
Median industry PE 41.50x
Average industry PE 70.69x



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