MURUDESHWAR CERAMICS
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The Current P/E Ratio of MURUDESHWAR CERAMICS is 46.35.
Share Price | ₹51.0 | Apr 23,2024 |
Market Cap | ₹308.6 Cr | |
Earnings-TTM | ₹6.7 Cr | TTM-Consolidated Results |
Price/Earnings | 46.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MURUDESHWAR CERAMICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MURUDESHWAR CERAMICS | 6.66 | 46.35 | 308.6 |
KAJARIA CERAMICS LTD | 439.16 | 43.62 | 19,154.0 |
CERA SANITARYWARE LTD | 228.78 | 41.52 | 9,499.4 |
SOMANY CERAMICS LTD | 89.90 | 28.61 | 2,572.4 |
POKARNA LTD | 82.54 | 17.61 | 1,453.9 |
GLOBAL SURFACES LTD | 14.70 | 63.35 | 931.1 |
ASIAN GRANITO INDIA LTD | -62.62 | -12.56 | 786.3 |
ORIENT BELL LTD | 1.57 | 339.14 | 532.5 |
NITCO LTD | -151.70 | -2.99 | 452.9 |
EXXARO TILES LTD | 2.15 | 203.17 | 437.4 |
ASI INDUSTRIES LTD | 23.05 | 9.72 | 224.0 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs MURUDESHWAR CERAMICS 's P/E Ratio
Top 10 Industry Peers | PE 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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