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VISAKA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of VISAKA INDUSTRIES is 232.81.

Share Price ₹109.1Apr 25,2024
Market Cap ₹942.2 Cr
Earnings-TTM₹4.0 CrTTM-Consolidated Results
Price/Earnings232.81xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VISAKA INDUSTRIES

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 VISAKA INDUSTRIES is calculated as :

Current Market Cap [ ₹942.2 Cr] as on Apr 25,2024

(/) Earnings [ ₹4.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 232.81x ]

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

Thus, for VISAKA INDUSTRIES , the investors are currently willing to pay 232.81 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 VISAKA INDUSTRIES !

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 VISAKA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of VISAKA INDUSTRIES


PE Ratio Performance Analysis for VISAKA INDUSTRIES

- VISAKA INDUSTRIES 's latest p/e ratio is 232.81x.

- VISAKA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 3.84x.

- VISAKA INDUSTRIES 's operated at median p/e ratio of 4.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, VISAKA INDUSTRIES 's p/e ratio peaked in Mar2021 at 7.07x.

- VISAKA INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 1.71x.


How does VISAKA INDUSTRIES '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
VISAKA INDUSTRIES 4.05232.81942.2
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
STAR CEMENT LTD303.5630.599,286.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.85x
Max industry PE 232.81x
Median industry PE 43.22x
Average industry PE 55.48x



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