Shree Cement Forward P/E
What is the Forward P/E of Shree Cement?
The Forward P/E of Shree Cement Limited is 33.56
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Materials sector on NSE compared to Shree Cement
What does Shree Cement do?
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. It offers cement under the Roofon, Bangur Power, Shree Jung Rodhak, Bangur Cement, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 771 megawatts through thermal, waste heat recovery, solar, and wind power plants. Further, it produces autoclaved aerated concrete blocks, a lightweight and precast building material. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Companies with forward p/e similar to Shree Cement
- China Resources Beer () has Forward P/E of 33.44
- Certara has Forward P/E of 33.44
- Crown Resorts has Forward P/E of 33.44
- Crimson Tide plc has Forward P/E of 33.44
- Alarm.com Inc has Forward P/E of 33.45
- Floor & Decor Inc has Forward P/E of 33.55
- Shree Cement has Forward P/E of 33.56
- Blue Bird Corp has Forward P/E of 33.62
- RB Global Inc has Forward P/E of 33.62
- William Hill Plc has Forward P/E of 33.67
- Tristel Plc has Forward P/E of 33.67
- Lydall has Forward P/E of 33.74
- J&J Snack Foods has Forward P/E of 33.77