HIL
|
The Current P/E Ratio of HIL is 50.04.
| Share Price | ₹2,671.1 | Apr 19,2024 |
| Market Cap | ₹2,003.3 Cr | |
| Earnings-TTM | ₹40.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 50.04x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HIL
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)
Current Market Cap [ ₹2,003.3 Cr] as on Apr 19,2024
(/) Earnings [ ₹40.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 50.04x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HIL , the investors are currently willing to pay 50.04 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 HIL !
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 HIL over the last five years.
Thus, for HIL , the investors are currently willing to pay 50.04 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 HIL !
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 HIL over the last five years.
Historical PE (Price/Earnings) ratio chart of HIL
PE Ratio Performance Analysis for HIL
- HIL 's latest p/e ratio is 50.04x.
- HIL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.95x.
- HIL 's operated at median p/e ratio of 13.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HIL 's p/e ratio peaked in Mar2023 at 18.64x.
- HIL 's p/e ratio hit its five-year low in Mar2020 of 4.48x.
- HIL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.95x.
- HIL 's operated at median p/e ratio of 13.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HIL 's p/e ratio peaked in Mar2023 at 18.64x.
- HIL 's p/e ratio hit its five-year low in Mar2020 of 4.48x.
How does HIL 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
| Peer Comparison (Cement & Construction Materials Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HIL | 40.03 | 50.04 | 2,003.3 |
| ULTRATECH CEMENT LTD | 6,401.07 | 42.25 | 270,434.0 |
| AMBUJA CEMENTS LTD | 3,951.80 | 41.26 | 163,037.0 |
| SHREE CEMENT LTD | 2,245.62 | 39.14 | 87,893.6 |
| ACC LTD | 1,613.03 | 28.02 | 45,196.6 |
| DALMIA BHARAT LTD | 613.00 | 59.45 | 36,445.2 |
| JK CEMENT LTD | 685.50 | 46.83 | 32,099.2 |
| THE RAMCO CEMENTS LTD | 414.38 | 45.57 | 18,882.1 |
| NUVOCO VISTAS CORPORATION LTD | 248.08 | 47.03 | 11,668.3 |
| JK LAKSHMI CEMENT LTD | 440.59 | 21.38 | 9,418.3 |
| STAR CEMENT LTD | 303.56 | 30.38 | 9,223.4 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs HIL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 21.38x |
| Max industry PE | 59.45x |
| Median industry PE | 42.25x |
| Average industry PE | 41.03x |
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