NIRAJ CEMENT STRUCTURALS
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The Current P/E Ratio of NIRAJ CEMENT STRUCTURALS is 36.11.
Share Price | ₹44.8 | Apr 23,2024 |
Market Cap | ₹180.1 Cr | |
Earnings-TTM | ₹5.0 Cr | TTM-Consolidated Results |
Price/Earnings | 36.11x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NIRAJ CEMENT STRUCTURALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹180.1 Cr] as on Apr 23,2024
(/) Earnings [ ₹5.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.11x ]
Thus, for NIRAJ CEMENT STRUCTURALS , the investors are currently willing to pay 36.11 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 NIRAJ CEMENT STRUCTURALS !
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 NIRAJ CEMENT STRUCTURALS over the last five years.
Historical PE (Price/Earnings) ratio chart of NIRAJ CEMENT STRUCTURALS
PE Ratio Performance Analysis for NIRAJ CEMENT STRUCTURALS
- NIRAJ CEMENT STRUCTURALS 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 62.26x.
- NIRAJ CEMENT STRUCTURALS 's operated at median p/e ratio of 47.87x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, NIRAJ CEMENT STRUCTURALS 's p/e ratio peaked in Mar2021 at 115.02x.
- NIRAJ CEMENT STRUCTURALS 's p/e ratio hit its five-year low in Mar2023 of 23.9x.
How does NIRAJ CEMENT STRUCTURALS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NIRAJ CEMENT STRUCTURALS | 4.99 | 36.11 | 180.1 |
LARSEN & TOUBRO LTD | 15,012.90 | 33.05 | 496,248.0 |
RAIL VIKAS NIGAM LTD | 1,375.64 | 42.03 | 57,817.6 |
GMR AIRPORTS INFRASTRUCTURE LTD | -1,531.32 | -32.45 | 49,687.9 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 763.38 | 54.08 | 41,282.6 |
IRCON INTERNATIONAL LTD | 865.98 | 24.74 | 21,424.9 |
KEC INTERNATIONAL LTD | 267.20 | 70.57 | 18,857.4 |
KALPATARU PROJECTS INTERNATIONAL LTD | 487.00 | 39.32 | 19,146.7 |
NCC LTD | 693.98 | 22.30 | 15,473.3 |
GR INFRAPROJECTS LTD | 1,159.56 | 11.14 | 12,916.7 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -210.82 | -69.81 | 14,716.7 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs NIRAJ CEMENT STRUCTURALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -69.81x |
Max industry PE | 70.57x |
Median industry PE | 33.05x |
Average industry PE | 21.01x |
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