RAMCO INDUSTRIES
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The Current P/E Ratio of RAMCO INDUSTRIES is 20.71.
Share Price | ₹229.5 | Apr 18,2024 |
Market Cap | ₹1,992.1 Cr | |
Earnings-TTM | ₹96.2 Cr | TTM-Consolidated Results |
Price/Earnings | 20.71x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAMCO INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,992.1 Cr] as on Apr 18,2024
(/) Earnings [ ₹96.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.71x ]
Thus, for RAMCO INDUSTRIES , the investors are currently willing to pay 20.71 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 RAMCO INDUSTRIES !
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 RAMCO INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RAMCO INDUSTRIES
PE Ratio Performance Analysis for RAMCO INDUSTRIES
- RAMCO INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.84x.
- RAMCO INDUSTRIES 's operated at median p/e ratio of 7.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAMCO INDUSTRIES 's p/e ratio peaked in Mar2019 at 10.64x.
- RAMCO INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 5.73x.
How does RAMCO INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?
Peer Comparison (Cement & Construction Materials Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAMCO INDUSTRIES | 96.21 | 20.71 | 1,992.1 |
ULTRATECH CEMENT LTD | 6,401.07 | 42.34 | 271,006.0 |
AMBUJA CEMENTS LTD | 3,951.80 | 41.72 | 164,870.0 |
SHREE CEMENT LTD | 2,245.62 | 39.26 | 88,163.9 |
ACC LTD | 1,613.03 | 28.08 | 45,296.2 |
DALMIA BHARAT LTD | 613.00 | 59.67 | 36,580.2 |
JK CEMENT LTD | 685.50 | 46.40 | 31,809.0 |
THE RAMCO CEMENTS LTD | 414.38 | 45.60 | 18,895.1 |
NUVOCO VISTAS CORPORATION LTD | 248.08 | 45.32 | 11,243.3 |
JK LAKSHMI CEMENT LTD | 440.59 | 21.56 | 9,500.1 |
STAR CEMENT LTD | 303.56 | 29.47 | 8,946.5 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs RAMCO INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.71x |
Max industry PE | 59.67x |
Median industry PE | 41.72x |
Average industry PE | 38.19x |
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