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THE RAMCO CEMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of THE RAMCO CEMENTS is 45.02.

Share Price ₹789.6Apr 25,2024
Market Cap ₹18,657.1 Cr
Earnings-TTM₹414.4 CrTTM-Consolidated Results
Price/Earnings45.02xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THE RAMCO 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 RAMCO CEMENTS is calculated as :

Current Market Cap [ ₹18,657.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹414.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 45.02x ]

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

Thus, for THE RAMCO CEMENTS , the investors are currently willing to pay 45.02 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 RAMCO 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 RAMCO CEMENTS over the last five years.

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


PE Ratio Performance Analysis for THE RAMCO CEMENTS

- THE RAMCO CEMENTS 's latest p/e ratio is 45.02x.

- THE RAMCO CEMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 32.32x.

- THE RAMCO CEMENTS 's operated at median p/e ratio of 30.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, THE RAMCO CEMENTS 's p/e ratio peaked in Mar2023 at 56.77x.

- THE RAMCO CEMENTS 's p/e ratio hit its five-year low in Mar2020 of 20.06x.


How does THE RAMCO 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 RAMCO CEMENTS 414.3845.0218,657.1
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
NUVOCO VISTAS CORPORATION LTD248.0849.2412,214.7
JK LAKSHMI CEMENT LTD440.5921.359,406.0
STAR CEMENT LTD303.5630.599,286.1
PRISM JOHNSON LTD182.7946.138,431.2

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs THE RAMCO CEMENTS '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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