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SOMANY CERAMICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SOMANY CERAMICS is 29.21.

Share Price ₹640.4Apr 26,2024
Market Cap ₹2,625.6 Cr
Earnings-TTM₹89.9 CrTTM-Consolidated Results
Price/Earnings29.21xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SOMANY CERAMICS

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 SOMANY CERAMICS is calculated as :

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 ]

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

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 latest p/e ratio is 29.21x.

- 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 RatioMarket Cap
SOMANY CERAMICS 89.9029.212,625.6
KAJARIA CERAMICS LTD439.1643.6619,175.5
CERA SANITARYWARE LTD228.7840.999,377.3
POKARNA LTD82.5417.581,451.0
GLOBAL SURFACES LTD14.7059.50874.6
ASIAN GRANITO INDIA LTD-62.62-12.72796.3
ORIENT BELL LTD1.57360.75566.4
NITCO LTD-151.70-3.17480.6
EXXARO TILES LTD2.15219.59472.8
MURUDESHWAR CERAMICS LTD6.6646.52309.8
ASI INDUSTRIES LTD23.0510.01230.6

Ceramics/Marble/Granite/Sanitaryware Industry Benchmark (Top 10) PE Analysis vs SOMANY CERAMICS 's P/E Ratio

Top 10 Industry PeersPE 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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