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ORIENT CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of ORIENT CEMENT is 27.15.

Share Price ₹230.6Apr 24,2024
Market Cap ₹4,725.0 Cr
Earnings-TTM₹174.0 CrTTM-Standalone Results
Price/Earnings27.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ORIENT CEMENT

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 ORIENT CEMENT is calculated as :

Current Market Cap [ ₹4,725.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹174.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 27.15x ]

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

Thus, for ORIENT CEMENT , the investors are currently willing to pay 27.15 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 ORIENT CEMENT !

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 ORIENT CEMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of ORIENT CEMENT


PE Ratio Performance Analysis for ORIENT CEMENT

- ORIENT CEMENT 's latest p/e ratio is 27.15x.

- ORIENT CEMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.76x.

- ORIENT CEMENT 's operated at median p/e ratio of 11.08x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENT CEMENT 's p/e ratio peaked in Mar2019 at 34.49x.

- ORIENT CEMENT 's p/e ratio hit its five-year low in Mar2021 of 9.37x.


How does ORIENT CEMENT 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ORIENT CEMENT 174.0327.154,725.0
ULTRATECH CEMENT LTD6,401.0743.56278,820.0
AMBUJA CEMENTS LTD3,951.8043.61172,320.0
SHREE CEMENT LTD2,245.6239.1487,888.9
ACC LTD2,323.6020.6748,036.0
DALMIA BHARAT LTD854.0043.0336,744.3
JK CEMENT LTD685.5047.0432,247.5
THE RAMCO CEMENTS LTD414.3846.2519,166.9
NUVOCO VISTAS CORPORATION LTD248.0850.0512,416.5
JK LAKSHMI CEMENT LTD440.5921.439,442.4
STAR CEMENT LTD303.5630.329,203.2

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs ORIENT CEMENT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.67x
Max industry PE 50.05x
Median industry PE 43.03x
Average industry PE 37.48x



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