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NIRAJ CEMENT STRUCTURALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NIRAJ CEMENT STRUCTURALS is 36.11.

Share Price ₹44.8Apr 23,2024
Market Cap ₹180.1 Cr
Earnings-TTM₹5.0 CrTTM-Consolidated Results
Price/Earnings36.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NIRAJ CEMENT STRUCTURALS

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 NIRAJ CEMENT STRUCTURALS is calculated as :

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 ]

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

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 latest p/e ratio is 36.11x.

- 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 RatioMarket Cap
NIRAJ CEMENT STRUCTURALS 4.9936.11180.1
LARSEN & TOUBRO LTD15,012.9033.05496,248.0
RAIL VIKAS NIGAM LTD1,375.6442.0357,817.6
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-32.4549,687.9
IRB INFRASTRUCTURE DEVELOPERS LTD763.3854.0841,282.6
IRCON INTERNATIONAL LTD865.9824.7421,424.9
KEC INTERNATIONAL LTD267.2070.5718,857.4
KALPATARU PROJECTS INTERNATIONAL LTD487.0039.3219,146.7
NCC LTD693.9822.3015,473.3
GR INFRAPROJECTS LTD1,159.5611.1412,916.7
STERLING AND WILSON RENEWABLE ENERGY LTD-210.82-69.8114,716.7

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs NIRAJ CEMENT STRUCTURALS 's P/E Ratio

Top 10 Industry PeersPE 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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