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ULTRATECH CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of ULTRATECH CEMENT is 48.87.

Share Price ₹11,066.0Nov 07,2024
Market Cap ₹319,475.4 Cr
Earnings-TTM₹6,537.5 CrTTM-Consolidated Results
Price/Earnings48.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ULTRATECH 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 ULTRATECH CEMENT is calculated as :

Current Market Cap [ ₹319,475.4 Cr] as on Nov 07,2024

(/) Earnings [ ₹6,537.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 48.87x ]

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

Thus, for ULTRATECH CEMENT , the investors are currently willing to pay 48.87 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 ULTRATECH 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 ULTRATECH CEMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of ULTRATECH CEMENT


PE Ratio Performance Analysis for ULTRATECH CEMENT

- ULTRATECH CEMENT 's latest p/e ratio is 48.87x.

- ULTRATECH CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.29x.

- ULTRATECH CEMENT 's operated at median p/e ratio of 35.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ULTRATECH CEMENT 's p/e ratio peaked in Mar2023 at 43.44x.

- ULTRATECH CEMENT 's p/e ratio hit its five-year low in Mar2020 of 16.32x.


How does ULTRATECH 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
ULTRATECH CEMENT 6,537.4948.87319,475.4
AMBUJA CEMENTS LTD3,858.6036.42140,521.0
SHREE CEMENT LTD2,102.6742.4989,352.7
ACC LTD2,034.7321.4143,571.3
DALMIA BHARAT LTD780.0043.1933,689.4
JK CEMENT LTD824.4638.1731,471.0
THE RAMCO CEMENTS LTD349.6359.2220,703.9
NUVOCO VISTAS CORPORATION LTD49.05257.7312,641.5
JK LAKSHMI CEMENT LTD366.5324.909,127.7
STAR CEMENT LTD232.8435.408,243.3
PRISM JOHNSON LTD107.0789.429,573.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.41x
Max industry PE 257.73x
Median industry PE 42.49x
Average industry PE 63.38x



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