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SHIVA CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHIVA CEMENT is -14.37.

Share Price ₹42.7Apr 24,2024
Market Cap ₹1,260.8 Cr
Earnings-TTM₹-87.7 CrTTM-Standalone Results
Price/Earnings-14.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHIVA 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 SHIVA CEMENT is calculated as :

Current Market Cap [ ₹1,260.8 Cr] as on Apr 24,2024

(/) Earnings [ ₹-87.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -14.37x ]

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

Thus, for SHIVA CEMENT , the investors are currently willing to pay -14.37 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 SHIVA 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 SHIVA CEMENT over the last five years.

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


PE Ratio Performance Analysis for SHIVA CEMENT

- SHIVA CEMENT 's latest p/e ratio is -14.37x.

- SHIVA CEMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- SHIVA CEMENT 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHIVA CEMENT 's p/e ratio peaked in Mar2023 at 0x.

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


How does SHIVA 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
SHIVA CEMENT -87.74-14.371,260.8
ULTRATECH CEMENT LTD6,401.0743.56278,820.0
AMBUJA CEMENTS LTD3,951.8043.61172,320.0
SHREE CEMENT LTD2,245.6239.1487,888.9
ACC LTD1,613.0329.7848,036.0
DALMIA BHARAT LTD613.0059.9436,744.3
JK CEMENT LTD685.5047.0432,247.5
THE RAMCO CEMENTS LTD414.3846.2519,166.9
NUVOCO VISTAS CORPORATION LTD248.0850.0512,416.5
JK LAKSHMI CEMENT LTD440.5921.439,442.4
STAR CEMENT LTD303.5630.329,203.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -14.37x
Max industry PE 59.94x
Median industry PE 43.56x
Average industry PE 36.07x



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