Shree Cement Ltd
NSE:SHREECEM
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (55.4), the stock would be worth ₹27 490.16 (14% upside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 48.8 | ₹24 195 |
0%
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| 3-Year Average | 55.4 | ₹27 490.16 |
+14%
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| 5-Year Average | 50.2 | ₹24 892.61 |
+3%
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| Industry Average | 24.1 | ₹11 946.32 |
-51%
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| Country Average | 28.7 | ₹14 231.57 |
-41%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
₹968.9B
|
/ |
Jan 2026
₹17.9B
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= |
|
|
₹968.9B
|
/ |
Mar 2026
₹19.5B
|
= |
|
|
₹968.9B
|
/ |
Mar 2027
₹22.9B
|
= |
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|
₹968.9B
|
/ |
Mar 2028
₹25.7B
|
= |
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Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| IN |
|
Shree Cement Ltd
NSE:SHREECEM
|
873B INR | 48.8 | |
| IE |
C
|
CRH PLC
NYSE:CRH
|
79.2B USD | 21.1 | |
| CH |
|
Holcim AG
SIX:HOLN
|
40.1B CHF | 3 | |
| US |
|
Vulcan Materials Co
NYSE:VMC
|
39.4B USD | 36.6 | |
| DE |
|
HeidelbergCement AG
XETRA:HEI
|
33.2B EUR | 17.1 | |
| US |
|
Martin Marietta Materials Inc
NYSE:MLM
|
37.3B USD | 32.8 | |
| IN |
|
UltraTech Cement Ltd
NSE:ULTRACEMCO
|
3.4T INR | 46.9 | |
| US |
A
|
Amrize AG
SIX:AMRZ
|
23.6B CHF | 24.9 | |
| DE |
H
|
Heidelberg Materials AG
XMUN:HEI
|
21.8B EUR | 11.3 | |
| CN |
|
China Jushi Co Ltd
SSE:600176
|
136.9B CNY | 41.7 | |
| IN |
|
Grasim Industries Ltd
NSE:GRASIM
|
1.9T INR | 45.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 18.9 |
| Median | 28.7 |
| 70th Percentile | 44.4 |
| Max | 877 228.1 |
Other Multiples
Shree Cement Ltd
Glance View
In the rugged terrain of India’s cement industry, Shree Cement Ltd. stands as a formidable monolith, weaving its narrative from the mineral-rich regions of Rajasthan across the entire nation. Founded in 1979, the company has gradually cemented its reputation through an astute mix of business acumen and strategic foresight. Shree Cement’s journey is deeply rooted in its dedication to sustainability and efficiency. With an extensive network of manufacturing facilities, the company specializes in producing three core products: Cement, Clinker, and Power. Its operational blueprint is designed around optimizing cost structures while maintaining high quality, utilizing technologically advanced kilns and mills to ensure minimal environmental impact. The beating heart of Shree Cement's business model is its commitment to power efficiency and production innovation. The company turns limestone, the essential raw ingredient, into cement by leveraging cutting-edge technology and vast coal reserves for energy generation. This converts operational energy needs into an economic growth engine, where the surplus electricity is sold to the grid, generating an ancillary revenue stream. Furthermore, Shree Cement's competitive edge is sharpened by its strategic expansion beyond domestic borders, most notably into the Middle East, enhancing its footprint and tapping into burgeoning markets. This diverse revenue model, supported by a robust distribution network and a keen eye on sustainable practices, keeps Shree Cement at the vanguard of the industry, blending tradition with modernity in its ongoing saga of growth.