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Shree Cement Stock

Shree Cement P/E 2024

Shree Cement P/E

38.12

Ticker

SHREECEM.NS

ISIN

INE070A01015

As of Nov 15, 2024, Shree Cement's P/E ratio was 38.12, a -46.65% change from the 71.45 P/E ratio recorded in the previous year.

The Shree Cement P/E history

Shree Cement Aktienanalyse

What does Shree Cement do?

Shree Cement Ltd is an Indian company that was founded in 1979 and has since grown to become one of the leading cement manufacturers in India. It is based in Jaipur and operates facilities in a total of 6 different states in India. The business model of Shree Cement Ltd focuses on the production and sale of cement and other building materials needed for construction projects of all kinds. Special emphasis is placed on ecological and sustainable production, minimizing the impact on the environment. The company is divided into various divisions. In addition to the production and sale of cement and other building materials, trading in cement and clinker products is also an important part of the business model. Furthermore, the company operates power plants that are partially powered by coal and other renewable energy sources. Shree Cement Ltd's products are highly popular in India. The company's cement is known for its high quality and durability and is used for the construction of residential buildings, bridges, roads, and other infrastructure projects. In addition, the company also offers other building materials such as precast concrete elements and reinforced concrete bars. Shree Cement Ltd is a company that is strongly committed to the sustainability and environmental compatibility of its production. The company invests in the use of renewable energy sources and ensures that waste is recycled and reused. Furthermore, the company is also involved in various social projects that support the communities in which it operates. In recent years, Shree Cement Ltd has experienced strong growth and has become one of the largest companies in the building materials industry in India. The company has a strong presence in various regions of the country and is known for its high-quality products and ecological footprint. In summary, Shree Cement Ltd is a company that plays an important role in the Indian building materials industry. With a strong focus on sustainability and environmental protection, the company has developed a business model that is focused on the production and sale of high-quality building materials. With its wide range of products and strong presence in different regions of the country, Shree Cement Ltd is well-positioned to continue growing and solidify its leadership position in the industry. Shree Cement ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Shree Cement's P/E Ratio

The Price to Earnings (P/E) Ratio of Shree Cement is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Shree Cement's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Shree Cement is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Shree Cement’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Shree Cement stock

What is the price-to-earnings ratio of Shree Cement?

The price-earnings ratio of Shree Cement is currently 38.12.

How has the price-earnings ratio of Shree Cement changed compared to last year?

The price-to-earnings ratio of Shree Cement has increased by -46.65% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Shree Cement high compared to other companies?

Yes, the price-to-earnings ratio of Shree Cement is high compared to other companies.

How does an increase in the price-earnings ratio of Shree Cement affect the company?

An increase in the price-earnings ratio of Shree Cement would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Shree Cement affect the company?

A decrease in the price-earnings ratio of Shree Cement would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Shree Cement?

Some factors that influence the price-earnings ratio of Shree Cement are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Shree Cement pay?

Over the past 12 months, Shree Cement paid a dividend of 105 INR . This corresponds to a dividend yield of about 0.44 %. For the coming 12 months, Shree Cement is expected to pay a dividend of 117.19 INR.

What is the dividend yield of Shree Cement?

The current dividend yield of Shree Cement is 0.44 %.

When does Shree Cement pay dividends?

Shree Cement pays a quarterly dividend. This is distributed in the months of March, July, March, August.

How secure is the dividend of Shree Cement?

Shree Cement paid dividends every year for the past 23 years.

What is the dividend of Shree Cement?

For the upcoming 12 months, dividends amounting to 117.19 INR are expected. This corresponds to a dividend yield of 0.49 %.

In which sector is Shree Cement located?

Shree Cement is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Shree Cement kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shree Cement from 8/7/2024 amounting to 55 INR, you needed to have the stock in your portfolio before the ex-date on 7/23/2024.

When did Shree Cement pay the last dividend?

The last dividend was paid out on 8/7/2024.

What was the dividend of Shree Cement in the year 2023?

In the year 2023, Shree Cement distributed 100 INR as dividends.

In which currency does Shree Cement pay out the dividend?

The dividends of Shree Cement are distributed in INR.

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Andere Kennzahlen von Shree Cement

Our stock analysis for Shree Cement Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shree Cement Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.