SOMANY CERAMICS
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The Current P/E Ratio of SOMANY CERAMICS is 28.94.
| Share Price | ₹634.6 | May 03,2024 |
| Market Cap | ₹2,601.9 Cr | |
| Earnings-TTM | ₹89.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.94x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹2,601.9 Cr] as on May 03,2024
(/) Earnings [ ₹89.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.94x ]
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 28.94 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.
Thus, for SOMANY CERAMICS , the investors are currently willing to pay 28.94 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 28.94x.
- 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.
- 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 | 28.94 | 2,601.9 |
| KAJARIA CERAMICS LTD | 439.16 | 42.89 | 18,835.5 |
| CERA SANITARYWARE LTD | 228.78 | 38.81 | 8,878.6 |
| POKARNA LTD | 82.54 | 17.58 | 1,450.7 |
| GLOBAL SURFACES LTD | 14.70 | 62.86 | 923.9 |
| ASIAN GRANITO INDIA LTD | -62.62 | -12.49 | 782.3 |
| ORIENT BELL LTD | 1.57 | 351.54 | 551.9 |
| NITCO LTD | -151.70 | -3.43 | 520.0 |
| EXXARO TILES LTD | 2.15 | 208.02 | 447.9 |
| MURUDESHWAR CERAMICS LTD | 6.66 | 46.18 | 307.5 |
| ASI INDUSTRIES LTD | 23.05 | 9.27 | 213.7 |
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 | -12.49x |
| Max industry PE | 351.54x |
| Median industry PE | 38.81x |
| Average industry PE | 71.83x |
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