IFGL REFRACTORIES
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The Current P/E Ratio of IFGL REFRACTORIES is 23.32.
| Share Price | ₹638.3 | Apr 24,2024 |
| Market Cap | ₹2,297.7 Cr | |
| Earnings-TTM | ₹98.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.32x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of IFGL REFRACTORIES
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 [ ₹2,297.7 Cr] as on Apr 24,2024
(/) Earnings [ ₹98.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.32x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for IFGL REFRACTORIES , the investors are currently willing to pay 23.32 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 IFGL REFRACTORIES !
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 IFGL REFRACTORIES over the last five years.
Thus, for IFGL REFRACTORIES , the investors are currently willing to pay 23.32 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 IFGL REFRACTORIES !
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 IFGL REFRACTORIES over the last five years.
Historical PE (Price/Earnings) ratio chart of IFGL REFRACTORIES
PE Ratio Performance Analysis for IFGL REFRACTORIES
- IFGL REFRACTORIES 's latest p/e ratio is 23.32x.
- IFGL REFRACTORIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.66x.
- IFGL REFRACTORIES 's operated at median p/e ratio of 17.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IFGL REFRACTORIES 's p/e ratio peaked in Mar2021 at 17.38x.
- IFGL REFRACTORIES 's p/e ratio hit its five-year low in Mar2023 of 9.55x.
- IFGL REFRACTORIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.66x.
- IFGL REFRACTORIES 's operated at median p/e ratio of 17.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IFGL REFRACTORIES 's p/e ratio peaked in Mar2021 at 17.38x.
- IFGL REFRACTORIES 's p/e ratio hit its five-year low in Mar2023 of 9.55x.
How does IFGL REFRACTORIES 's P/E Ratio benchmark against top 10 peers in Refractories Industry?
| Peer Comparison (Refractories Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| IFGL REFRACTORIES | 98.55 | 23.32 | 2,297.7 |
| RHI MAGNESITA INDIA LTD | -521.12 | -26.12 | 13,611.5 |
| VESUVIUS INDIA LTD | 212.94 | 37.82 | 8,053.7 |
| MORGANITE CRUCIBLE (INDIA) LTD | 24.78 | 31.93 | 791.1 |
| ORIENT CERATECH LTD | 20.61 | 29.25 | 602.9 |
| ASSOCIATED CERAMICS LTD | 1.79 | 35.46 | 63.5 |
| NILACHAL REFRACTORIES LTD | -1.24 | -88.68 | 110.1 |
Refractories Industry Benchmark (Top 10) PE Analysis vs IFGL REFRACTORIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -88.68x |
| Max industry PE | 37.82x |
| Median industry PE | 29.25x |
| Average industry PE | 6.14x |
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