STAR CEMENT
|
The Current P/E Ratio of STAR CEMENT is 30.59.
Share Price | ₹229.8 | Apr 25,2024 |
Market Cap | ₹9,286.5 Cr | |
Earnings-TTM | ₹303.6 Cr | TTM-Consolidated Results |
Price/Earnings | 30.59x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STAR CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,286.5 Cr] as on Apr 25,2024
(/) Earnings [ ₹303.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.59x ]
Thus, for STAR CEMENT , the investors are currently willing to pay 30.59 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 STAR 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 STAR CEMENT over the last five years.
Historical PE (Price/Earnings) ratio chart of STAR CEMENT
PE Ratio Performance Analysis for STAR CEMENT
- STAR CEMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.61x.
- STAR CEMENT 's operated at median p/e ratio of 14.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STAR CEMENT 's p/e ratio peaked in Mar2021 at 21.39x.
- STAR CEMENT 's p/e ratio hit its five-year low in Mar2020 of 9.86x.
How does STAR 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 Ratio | Market Cap |
---|---|---|---|
STAR CEMENT | 303.56 | 30.59 | 9,286.5 |
ULTRATECH CEMENT LTD | 6,401.07 | 43.67 | 279,563.0 |
AMBUJA CEMENTS LTD | 3,951.80 | 43.22 | 170,782.0 |
SHREE CEMENT LTD | 2,245.62 | 38.47 | 86,398.2 |
ACC LTD | 2,323.60 | 20.85 | 48,443.5 |
DALMIA BHARAT LTD | 854.00 | 39.62 | 33,837.3 |
JK CEMENT LTD | 685.50 | 45.42 | 31,133.3 |
THE RAMCO CEMENTS LTD | 414.38 | 45.02 | 18,656.5 |
NUVOCO VISTAS CORPORATION LTD | 248.08 | 49.24 | 12,214.7 |
JK LAKSHMI CEMENT LTD | 440.59 | 21.35 | 9,406.0 |
PRISM JOHNSON LTD | 182.79 | 46.13 | 8,431.2 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs STAR CEMENT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.85x |
Max industry PE | 49.24x |
Median industry PE | 43.22x |
Average industry PE | 38.51x |
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