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SAURASHTRA CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of SAURASHTRA CEMENT is 33.30.

Share Price ₹119.5Apr 29,2024
Market Cap ₹1,326.5 Cr
Earnings-TTM₹39.8 CrTTM-Consolidated Results
Price/Earnings33.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SAURASHTRA 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 SAURASHTRA CEMENT is calculated as :

Current Market Cap [ ₹1,326.5 Cr] as on Apr 29,2024

(/) Earnings [ ₹39.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 33.30x ]

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

Thus, for SAURASHTRA CEMENT , the investors are currently willing to pay 33.30 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 SAURASHTRA 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 SAURASHTRA CEMENT over the last five years.

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


PE Ratio Performance Analysis for SAURASHTRA CEMENT

- SAURASHTRA CEMENT 's latest p/e ratio is 33.30x.

- SAURASHTRA CEMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.99x.

- SAURASHTRA CEMENT 's operated at median p/e ratio of 3.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SAURASHTRA CEMENT 's p/e ratio peaked in Mar2022 at 15.35x.

- SAURASHTRA CEMENT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does SAURASHTRA 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
SAURASHTRA CEMENT 39.8333.301,326.5
ULTRATECH CEMENT LTD6,981.9541.19287,608.0
AMBUJA CEMENTS LTD3,951.8042.63168,481.0
SHREE CEMENT LTD2,245.6238.8387,200.5
ACC LTD2,323.6020.4247,437.9
DALMIA BHARAT LTD854.0040.2434,364.4
JK CEMENT LTD685.5045.8431,425.4
THE RAMCO CEMENTS LTD414.3845.4418,829.0
NUVOCO VISTAS CORPORATION LTD248.0848.8612,121.9
JK LAKSHMI CEMENT LTD440.5921.229,349.5
STAR CEMENT LTD303.5630.379,219.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.42x
Max industry PE 48.86x
Median industry PE 40.24x
Average industry PE 37.12x



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