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MURUDESHWAR CERAMICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MURUDESHWAR CERAMICS is 46.35.

Share Price ₹51.0Apr 23,2024
Market Cap ₹308.6 Cr
Earnings-TTM₹6.7 CrTTM-Consolidated Results
Price/Earnings46.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MURUDESHWAR CERAMICS

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 MURUDESHWAR CERAMICS is calculated as :

Current Market Cap [ ₹308.6 Cr] as on Apr 23,2024

(/) Earnings [ ₹6.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 46.35x ]

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

Thus, for MURUDESHWAR CERAMICS , the investors are currently willing to pay 46.35 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 MURUDESHWAR CERAMICS !

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 MURUDESHWAR CERAMICS over the last five years.

Historical PE (Price/Earnings) ratio chart of MURUDESHWAR CERAMICS


PE Ratio Performance Analysis for MURUDESHWAR CERAMICS

- MURUDESHWAR CERAMICS 's latest p/e ratio is 46.35x.

- MURUDESHWAR CERAMICS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 44.67x.

- MURUDESHWAR CERAMICS 's operated at median p/e ratio of 62.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, MURUDESHWAR CERAMICS 's p/e ratio peaked in Mar2022 at 62.38x.

- MURUDESHWAR CERAMICS 's p/e ratio hit its five-year low in Mar2023 of 26.96x.


How does MURUDESHWAR CERAMICS '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 RatioMarket Cap
MURUDESHWAR CERAMICS 6.6646.35308.6
KAJARIA CERAMICS LTD439.1643.6219,154.0
CERA SANITARYWARE LTD228.7841.529,499.4
SOMANY CERAMICS LTD89.9028.612,572.4
POKARNA LTD82.5417.611,453.9
GLOBAL SURFACES LTD14.7063.35931.1
ASIAN GRANITO INDIA LTD-62.62-12.56786.3
ORIENT BELL LTD1.57339.14532.5
NITCO LTD-151.70-2.99452.9
EXXARO TILES LTD2.15203.17437.4
ASI INDUSTRIES LTD23.059.72224.0

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs MURUDESHWAR CERAMICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.56x
Max industry PE 339.14x
Median industry PE 41.52x
Average industry PE 70.69x



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