SANGHI INDUSTRIES
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The Current P/E Ratio of SANGHI INDUSTRIES is -4.37.
Share Price | ₹90.5 | Mar 28,2024 |
Market Cap | ₹2,337.6 Cr | |
Earnings-TTM | ₹-534.4 Cr | TTM-Standalone Results |
Price/Earnings | -4.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SANGHI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,337.6 Cr] as on Mar 28,2024
(/) Earnings [ ₹-534.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -4.37x ]
Thus, for SANGHI INDUSTRIES , the investors are currently willing to pay -4.37 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 SANGHI 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 SANGHI INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SANGHI INDUSTRIES
PE Ratio Performance Analysis for SANGHI INDUSTRIES
- SANGHI INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.51x.
- SANGHI INDUSTRIES 's operated at median p/e ratio of 13.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SANGHI INDUSTRIES 's p/e ratio peaked in Mar2019 at 29.7x.
- SANGHI INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does SANGHI 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 |
---|---|---|---|
SANGHI INDUSTRIES | -534.35 | -4.37 | 2,337.6 |
ULTRATECH CEMENT LTD | 6,401.07 | 43.95 | 281,332.0 |
AMBUJA CEMENTS LTD | 3,951.80 | 34.05 | 134,564.0 |
SHREE CEMENT LTD | 2,245.62 | 41.30 | 92,741.0 |
ACC LTD | 1,613.03 | 29.00 | 46,772.2 |
DALMIA BHARAT LTD | 613.00 | 59.42 | 36,425.5 |
JK CEMENT LTD | 685.50 | 45.95 | 31,501.1 |
THE RAMCO CEMENTS LTD | 414.38 | 46.23 | 19,157.4 |
NUVOCO VISTAS CORPORATION LTD | 248.08 | 44.13 | 10,946.8 |
JK LAKSHMI CEMENT LTD | 440.59 | 23.30 | 10,267.9 |
STAR CEMENT LTD | 303.56 | 30.12 | 9,144.6 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs SANGHI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -4.37x |
Max industry PE | 59.42x |
Median industry PE | 41.30x |
Average industry PE | 35.74x |
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