ULTRATECH CEMENT
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The Current P/E Ratio of ULTRATECH CEMENT is 48.87.
Share Price | ₹11,066.0 | Nov 07,2024 |
Market Cap | ₹319,475.4 Cr | |
Earnings-TTM | ₹6,537.5 Cr | TTM-Consolidated Results |
Price/Earnings | 48.87x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ULTRATECH CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ULTRATECH CEMENT | 6,537.49 | 48.87 | 319,475.4 |
AMBUJA CEMENTS LTD | 3,858.60 | 36.42 | 140,521.0 |
SHREE CEMENT LTD | 2,102.67 | 42.49 | 89,352.7 |
ACC LTD | 2,034.73 | 21.41 | 43,571.3 |
DALMIA BHARAT LTD | 780.00 | 43.19 | 33,689.4 |
JK CEMENT LTD | 824.46 | 38.17 | 31,471.0 |
THE RAMCO CEMENTS LTD | 349.63 | 59.22 | 20,703.9 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 257.73 | 12,641.5 |
JK LAKSHMI CEMENT LTD | 366.53 | 24.90 | 9,127.7 |
STAR CEMENT LTD | 232.84 | 35.40 | 8,243.3 |
PRISM JOHNSON LTD | 107.07 | 89.42 | 9,573.8 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs ULTRATECH CEMENT 's P/E Ratio
Top 10 Industry Peers | PE 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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