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HEIDELBERG CEMENT INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HEIDELBERG CEMENT INDIA is 28.85.

Share Price ₹196.8Apr 19,2024
Market Cap ₹4,458.4 Cr
Earnings-TTM₹154.6 CrTTM-Standalone Results
Price/Earnings28.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HEIDELBERG CEMENT 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 HEIDELBERG CEMENT INDIA is calculated as :

Current Market Cap [ ₹4,458.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹154.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 28.85x ]

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

Thus, for HEIDELBERG CEMENT INDIA , the investors are currently willing to pay 28.85 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 HEIDELBERG CEMENT 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 HEIDELBERG CEMENT INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HEIDELBERG CEMENT INDIA


PE Ratio Performance Analysis for HEIDELBERG CEMENT INDIA

- HEIDELBERG CEMENT INDIA 's latest p/e ratio is 28.85x.

- HEIDELBERG CEMENT INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.22x.

- HEIDELBERG CEMENT INDIA 's operated at median p/e ratio of 17.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HEIDELBERG CEMENT INDIA 's p/e ratio peaked in Mar2023 at 36.71x.

- HEIDELBERG CEMENT INDIA 's p/e ratio hit its five-year low in Mar2020 of 12.01x.


How does HEIDELBERG CEMENT INDIA '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
HEIDELBERG CEMENT INDIA 154.5628.854,458.4
ULTRATECH CEMENT LTD6,401.0742.25270,434.0
AMBUJA CEMENTS LTD3,951.8041.26163,037.0
SHREE CEMENT LTD2,245.6239.1487,893.6
ACC LTD1,613.0328.0245,196.6
DALMIA BHARAT LTD613.0059.4536,445.2
JK CEMENT LTD685.5046.8332,099.2
THE RAMCO CEMENTS LTD414.3845.5718,882.1
NUVOCO VISTAS CORPORATION LTD248.0847.0311,668.3
JK LAKSHMI CEMENT LTD440.5921.389,418.3
STAR CEMENT LTD303.5630.389,223.4

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs HEIDELBERG CEMENT INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.38x
Max industry PE 59.45x
Median industry PE 41.26x
Average industry PE 39.11x



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