Home > PE Ratio > MORGANITE CRUCIBLE (INDIA)

MORGANITE CRUCIBLE (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of MORGANITE CRUCIBLE (INDIA) is 31.52.

Share Price ₹1,394.9Apr 18,2024
Market Cap ₹781.1 Cr
Earnings-TTM₹24.8 CrTTM-Standalone Results
Price/Earnings31.52xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for MORGANITE CRUCIBLE (INDIA)
Please provide your vote to see the results
MORGANITE CRUCIBLE (INDIA) is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of MORGANITE CRUCIBLE (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 MORGANITE CRUCIBLE (INDIA) is calculated as :

Current Market Cap [ ₹781.1 Cr] as on Apr 18,2024

(/) Earnings [ ₹24.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 31.52x ]

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

Thus, for MORGANITE CRUCIBLE (INDIA) , the investors are currently willing to pay 31.52 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 MORGANITE CRUCIBLE (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 MORGANITE CRUCIBLE (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of MORGANITE CRUCIBLE (INDIA)


PE Ratio Performance Analysis for MORGANITE CRUCIBLE (INDIA)

- MORGANITE CRUCIBLE (INDIA) 's latest p/e ratio is 31.52x.

- MORGANITE CRUCIBLE (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.34x.

- MORGANITE CRUCIBLE (INDIA) 's operated at median p/e ratio of 13.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MORGANITE CRUCIBLE (INDIA) 's p/e ratio peaked in Mar2023 at 30.18x.

- MORGANITE CRUCIBLE (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MORGANITE CRUCIBLE (INDIA) 's P/E Ratio benchmark against top 10 peers in Refractories Industry?

Peer Comparison (Refractories Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MORGANITE CRUCIBLE (INDIA) 24.7831.52781.1
RHI MAGNESITA INDIA LTD-521.12-25.2513,159.3
VESUVIUS INDIA LTD212.9433.117,050.5
IFGL REFRACTORIES LTD98.5523.462,311.7
ORIENT CERATECH LTD20.6128.78593.1
ASSOCIATED CERAMICS LTD1.7943.4777.9
NILACHAL REFRACTORIES LTD-1.24-87.12108.2

Refractories Industry Benchmark (Top 10) PE Analysis vs MORGANITE CRUCIBLE (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -87.12x
Max industry PE 43.47x
Median industry PE 28.78x
Average industry PE 6.85x



You may also like the below Video Courses