MIDWEST
|
The Current P/E Ratio of MIDWEST is 34.04.
| Share Price | ₹1,063.9 | Oct 30,2026 |
| Market Cap | ₹3,851.1 Cr | |
| Earnings-TTM | ₹113.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 34.04x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MIDWEST
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 [ ₹3,851.1 Cr] as on Oct 30,2026
(/) Earnings [ ₹113.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.04x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for MIDWEST , the investors are currently willing to pay 34.04 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 MIDWEST !
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 MIDWEST over the last five years.
Thus, for MIDWEST , the investors are currently willing to pay 34.04 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 MIDWEST !
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 MIDWEST over the last five years.
Historical PE (Price/Earnings) ratio chart of MIDWEST
PE Ratio Performance Analysis for MIDWEST
- MIDWEST 's latest p/e ratio is 34.04x.
- MIDWEST 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 7.90x.
- MIDWEST 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIDWEST 's p/e ratio peaked in Mar2026 at 39.52x.
- MIDWEST 's p/e ratio hit its five-year low in Mar2025 of 0x.
- MIDWEST 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 7.90x.
- MIDWEST 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MIDWEST 's p/e ratio peaked in Mar2026 at 39.52x.
- MIDWEST 's p/e ratio hit its five-year low in Mar2025 of 0x.
How does MIDWEST '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 Ratio | Market Cap |
|---|---|---|---|
| MIDWEST | 113.14 | 34.04 | 3,851.1 |
| KAJARIA CERAMICS LTD | 601.50 | 28.98 | 17,429.5 |
| CERA SANITARYWARE LTD | 248.30 | 22.90 | 5,687.3 |
| POKARNA LTD | 94.91 | 20.95 | 1,988.6 |
| NITCO LTD | -29.14 | -62.41 | 1,818.3 |
| SOMANY CERAMICS LTD | 100.95 | 22.09 | 2,229.7 |
| ASIAN GRANITO INDIA LTD | 10.67 | 127.39 | 1,359.3 |
| ORIENT BELL LTD | 20.58 | 24.81 | 510.4 |
| EXXARO TILES LTD | 5.97 | 46.05 | 274.7 |
| MARBLE CITY INDIA LTD | 3.80 | 107.66 | 409.3 |
| GLOBAL SURFACES LTD | -31.20 | -3.23 | 100.9 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs MIDWEST 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -62.41x |
| Max industry PE | 127.39x |
| Median industry PE | 24.81x |
| Average industry PE | 33.57x |
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