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SHREE CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHREE CEMENT is 83.54.

Share Price ₹28,338.4Feb 18,2025
Market Cap ₹102,301.6 Cr
Earnings-TTM₹1,224.6 CrTTM-Consolidated Results
Price/Earnings83.54xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHREE 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 SHREE CEMENT is calculated as :

Current Market Cap [ ₹102,301.6 Cr] as on Feb 18,2025

(/) Earnings [ ₹1,224.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 83.54x ]

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

Thus, for SHREE CEMENT , the investors are currently willing to pay 83.54 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 SHREE 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 SHREE CEMENT over the last five years.

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


PE Ratio Performance Analysis for SHREE CEMENT

- SHREE CEMENT 's latest p/e ratio is 83.54x.

- SHREE CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 47.59x.

- SHREE CEMENT 's operated at median p/e ratio of 41.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHREE CEMENT 's p/e ratio peaked in Mar2023 at 74.33x.

- SHREE CEMENT 's p/e ratio hit its five-year low in Mar2022 of 37.12x.


How does SHREE 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
SHREE CEMENT 1,224.5683.54102,301.6
ULTRATECH CEMENT LTD6,243.2452.36326,906.0
AMBUJA CEMENTS LTD5,396.4022.20119,819.0
ACC LTD2,596.1113.6335,376.3
DALMIA BHARAT LTD580.0058.2033,753.3
JK CEMENT LTD729.8747.8134,898.6
THE RAMCO CEMENTS LTD373.3553.7820,080.1
NUVOCO VISTAS CORPORATION LTD-43.35-257.3411,155.8
JK LAKSHMI CEMENT LTD279.2029.628,270.4
STAR CEMENT LTD133.3764.938,659.6
PRISM JOHNSON LTD-123.12-47.715,874.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -257.34x
Max industry PE 83.54x
Median industry PE 47.81x
Average industry PE 11.00x



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