SOMANY CERAMICS
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The Current P/E Ratio of SOMANY CERAMICS is 29.21.
Share Price | ₹640.4 | Apr 26,2024 |
Market Cap | ₹2,625.6 Cr | |
Earnings-TTM | ₹89.9 Cr | TTM-Consolidated Results |
Price/Earnings | 29.21x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SOMANY CERAMICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,625.6 Cr] as on Apr 26,2024
(/) Earnings [ ₹89.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.21x ]
Thus, for SOMANY CERAMICS , the investors are currently willing to pay 29.21 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 SOMANY CERAMICS !
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 SOMANY CERAMICS over the last five years.
Historical PE (Price/Earnings) ratio chart of SOMANY CERAMICS
PE Ratio Performance Analysis for SOMANY CERAMICS
- SOMANY CERAMICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 31.21x.
- SOMANY CERAMICS 's operated at median p/e ratio of 31.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SOMANY CERAMICS 's p/e ratio peaked in Mar2019 at 38.59x.
- SOMANY CERAMICS 's p/e ratio hit its five-year low in Mar2020 of 25.71x.
How does SOMANY CERAMICS 's P/E Ratio benchmark against top 10 peers in Ceramics/Marble/Granite/Sanitaryware Industry?
Peer Comparison (Ceramics/Marble/Granite/Sanitaryware Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SOMANY CERAMICS | 89.90 | 29.21 | 2,625.6 |
KAJARIA CERAMICS LTD | 439.16 | 43.66 | 19,175.5 |
CERA SANITARYWARE LTD | 228.78 | 40.99 | 9,377.3 |
POKARNA LTD | 82.54 | 17.58 | 1,451.0 |
GLOBAL SURFACES LTD | 14.70 | 59.50 | 874.6 |
ASIAN GRANITO INDIA LTD | -62.62 | -12.72 | 796.3 |
ORIENT BELL LTD | 1.57 | 360.75 | 566.4 |
NITCO LTD | -151.70 | -3.17 | 480.6 |
EXXARO TILES LTD | 2.15 | 219.59 | 472.8 |
MURUDESHWAR CERAMICS LTD | 6.66 | 46.52 | 309.8 |
ASI INDUSTRIES LTD | 23.05 | 10.01 | 230.6 |
Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs SOMANY CERAMICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.72x |
Max industry PE | 360.75x |
Median industry PE | 40.99x |
Average industry PE | 73.81x |
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