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RAMCO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMCO INDUSTRIES is 20.71.

Share Price ₹229.5Apr 18,2024
Market Cap ₹1,992.1 Cr
Earnings-TTM₹96.2 CrTTM-Consolidated Results
Price/Earnings20.71xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAMCO INDUSTRIES

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 RAMCO INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 20.71x.

- 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 RatioMarket Cap
RAMCO INDUSTRIES 96.2120.711,992.1
ULTRATECH CEMENT LTD6,401.0742.34271,006.0
AMBUJA CEMENTS LTD3,951.8041.72164,870.0
SHREE CEMENT LTD2,245.6239.2688,163.9
ACC LTD1,613.0328.0845,296.2
DALMIA BHARAT LTD613.0059.6736,580.2
JK CEMENT LTD685.5046.4031,809.0
THE RAMCO CEMENTS LTD414.3845.6018,895.1
NUVOCO VISTAS CORPORATION LTD248.0845.3211,243.3
JK LAKSHMI CEMENT LTD440.5921.569,500.1
STAR CEMENT LTD303.5629.478,946.5

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

Top 10 Industry PeersPE 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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