ORIENT CERATECH
|
The Current P/E Ratio of ORIENT CERATECH is 27.07.
| Share Price | ₹46.6 | May 08,2024 |
| Market Cap | ₹557.8 Cr | |
| Earnings-TTM | ₹20.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 27.07x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ORIENT CERATECH
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)
Current Market Cap [ ₹557.8 Cr] as on May 08,2024
(/) Earnings [ ₹20.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.07x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ORIENT CERATECH , the investors are currently willing to pay 27.07 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 CERATECH !
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 CERATECH over the last five years.
Thus, for ORIENT CERATECH , the investors are currently willing to pay 27.07 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 CERATECH !
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 CERATECH over the last five years.
Historical PE (Price/Earnings) ratio chart of ORIENT CERATECH
PE Ratio Performance Analysis for ORIENT CERATECH
- ORIENT CERATECH 's latest p/e ratio is 27.07x.
- ORIENT CERATECH 's p/e ratio for fiscal years ending Mar2023 to Mar2011 averaged 26.73x.
- ORIENT CERATECH 's operated at median p/e ratio of 19.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, ORIENT CERATECH 's p/e ratio peaked in Mar2022 at 51.53x.
- ORIENT CERATECH 's p/e ratio hit its five-year low in Mar2011 of 9.47x.
- ORIENT CERATECH 's p/e ratio for fiscal years ending Mar2023 to Mar2011 averaged 26.73x.
- ORIENT CERATECH 's operated at median p/e ratio of 19.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, ORIENT CERATECH 's p/e ratio peaked in Mar2022 at 51.53x.
- ORIENT CERATECH 's p/e ratio hit its five-year low in Mar2011 of 9.47x.
How does ORIENT CERATECH 's P/E Ratio benchmark against top 10 peers in Refractories Industry?
| Peer Comparison (Refractories Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ORIENT CERATECH | 20.61 | 27.07 | 557.8 |
| RHI MAGNESITA INDIA LTD | -521.12 | -24.26 | 12,644.1 |
| VESUVIUS INDIA LTD | 238.37 | 37.99 | 9,055.9 |
| IFGL REFRACTORIES LTD | 98.55 | 24.21 | 2,386.3 |
| MORGANITE CRUCIBLE (INDIA) LTD | 24.78 | 33.33 | 826.0 |
| ASSOCIATED CERAMICS LTD | 1.79 | 40.46 | 72.5 |
| NILACHAL REFRACTORIES LTD | -1.24 | -90.17 | 112.0 |
Refractories Industry Benchmark (Top 10) PE Analysis vs ORIENT CERATECH 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -90.17x |
| Max industry PE | 40.46x |
| Median industry PE | 27.07x |
| Average industry PE | 6.95x |
You may also like the below Video Courses
