Ambuja Cements Limited, together with its subsidiaries, manufactures and markets cement and cement related products to individual homebuilders, masons and contractors, and architects and engineers in India. The company offers Portland pozzolana cement and ordinary Portland cement, as well as temperature resistant concrete blocks, Blaine Portland cement, and micro materials. It sells its products through dealers, authorized retail stockiest, retailers, and authorized sales representatives. The company was formerly known as Gujarat Ambuja Cements Limited and changed its name to Ambuja Cements Limited in April 2007. The company was incorporated in 1981 and is based in Mumbai, India. Ambuja Cements Limited operates as a subsidiary of Holderind Investments Ltd.
P/E ratio for Ambuja Cements Limited (AMBUJACEM.NS)
P/E ratio as of 2023: 34.54
According to Ambuja Cements Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.54. At the end of 2022 the company had a P/E ratio of 39.10.
P/E ratio history for Ambuja Cements Limited from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 34.54 |
| 2022 | 39.10 |
| 2021 | 20.20 |
| 2020 | 20.89 |
| 2019 | 18.60 |
| 2018 | 15.04 |
| 2017 | 35.10 |
| 2016 | 36.54 |
| 2015 | 49.87 |
| 2014 | 30.55 |
| 2013 | 28.32 |
| 2012 | 30.82 |
| 2011 | 25.11 |
| 2010 | 22.50 |
| 2009 | 17.00 |
| 2008 | 10.00 |
| 2007 | 15.80 |
| 2005 | 0.00 |
| 2004 | 49.74 |
| 2003 | 69.06 |