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STAR CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of STAR CEMENT is 30.59.

Share Price ₹229.8Apr 25,2024
Market Cap ₹9,286.5 Cr
Earnings-TTM₹303.6 CrTTM-Consolidated Results
Price/Earnings30.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STAR 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 STAR CEMENT is calculated as :

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 ]

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

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 latest p/e ratio is 30.59x.

- 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 RatioMarket Cap
STAR CEMENT 303.5630.599,286.5
ULTRATECH CEMENT LTD6,401.0743.67279,563.0
AMBUJA CEMENTS LTD3,951.8043.22170,782.0
SHREE CEMENT LTD2,245.6238.4786,398.2
ACC LTD2,323.6020.8548,443.5
DALMIA BHARAT LTD854.0039.6233,837.3
JK CEMENT LTD685.5045.4231,133.3
THE RAMCO CEMENTS LTD414.3845.0218,656.5
NUVOCO VISTAS CORPORATION LTD248.0849.2412,214.7
JK LAKSHMI CEMENT LTD440.5921.359,406.0
PRISM JOHNSON LTD182.7946.138,431.2

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

Top 10 Industry PeersPE 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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