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THE INDIA CEMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE INDIA CEMENTS is -16.95.

Share Price ₹224.0Apr 19,2024
Market Cap ₹6,940.2 Cr
Earnings-TTM₹-409.5 CrTTM-Consolidated Results
Price/Earnings-16.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE INDIA CEMENTS

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 THE INDIA CEMENTS is calculated as :

Current Market Cap [ ₹6,940.2 Cr] as on Apr 19,2024

(/) Earnings [ ₹-409.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -16.95x ]

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

Thus, for THE INDIA CEMENTS , the investors are currently willing to pay -16.95 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 THE INDIA CEMENTS !

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 THE INDIA CEMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of THE INDIA CEMENTS


PE Ratio Performance Analysis for THE INDIA CEMENTS

- THE INDIA CEMENTS 's latest p/e ratio is -16.95x.

- THE INDIA CEMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 112.19x.

- THE INDIA CEMENTS 's operated at median p/e ratio of 65.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE INDIA CEMENTS 's p/e ratio peaked in Mar2019 at 387.67x.

- THE INDIA CEMENTS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does THE INDIA CEMENTS '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
THE INDIA CEMENTS -409.47-16.956,940.2
ULTRATECH CEMENT LTD6,401.0742.25270,434.0
AMBUJA CEMENTS LTD3,951.8041.26163,037.0
SHREE CEMENT LTD2,245.6239.1487,893.6
ACC LTD1,613.0328.0245,196.6
DALMIA BHARAT LTD613.0059.4536,445.2
JK CEMENT LTD685.5046.8332,099.2
THE RAMCO CEMENTS LTD414.3845.5718,882.1
NUVOCO VISTAS CORPORATION LTD248.0847.0311,668.3
JK LAKSHMI CEMENT LTD440.5921.389,418.3
STAR CEMENT LTD303.5630.389,223.4

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs THE INDIA CEMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -16.95x
Max industry PE 59.45x
Median industry PE 41.26x
Average industry PE 34.94x



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