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EVEREST INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of EVEREST INDUSTRIES is 73.66.

Share Price ₹1,189.2Apr 16,2024
Market Cap ₹1,878.9 Cr
Earnings-TTM₹25.5 CrTTM-Consolidated Results
Price/Earnings73.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EVEREST 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 EVEREST INDUSTRIES is calculated as :

Current Market Cap [ ₹1,878.9 Cr] as on Apr 16,2024

(/) Earnings [ ₹25.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 73.66x ]

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

Thus, for EVEREST INDUSTRIES , the investors are currently willing to pay 73.66 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 EVEREST 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 EVEREST INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of EVEREST INDUSTRIES


PE Ratio Performance Analysis for EVEREST INDUSTRIES

- EVEREST INDUSTRIES 's latest p/e ratio is 73.66x.

- EVEREST INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.67x.

- EVEREST INDUSTRIES 's operated at median p/e ratio of 15.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EVEREST INDUSTRIES 's p/e ratio peaked in Mar2023 at 27.96x.

- EVEREST INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 7.94x.


How does EVEREST INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Earnings-TTM (Cr)PE RatioMarket Cap
EVEREST INDUSTRIES 25.5173.661,878.9
ULTRATECH CEMENT LTD6,401.0742.73273,493.0
AMBUJA CEMENTS LTD3,951.8034.31135,597.0
SHREE CEMENT LTD2,245.6239.9489,690.1
ACC LTD1,613.0328.4545,891.4
DALMIA BHARAT LTD613.0060.2336,920.6
JK CEMENT LTD685.5047.4032,489.8
THE RAMCO CEMENTS LTD414.3846.0919,098.3
NUVOCO VISTAS CORPORATION LTD248.0845.0811,182.6
JK LAKSHMI CEMENT LTD440.5921.739,574.2
STAR CEMENT LTD303.5630.259,183.0

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs EVEREST INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.73x
Max industry PE 73.66x
Median industry PE 42.73x
Average industry PE 42.71x



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