Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ramco CementsNSE:RAMCOCEM -0.35%80 Shiller PE Ratio is 30.43 as of Aug. 08, 2026, which is 7% below its 10-year median of 32.66. GuruFocus rates NSE:RAMCOCEM with a GF Score™ of 80/100 and a GF Value™ of ₹980.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 256 Building Materials companies, Ramco Cements ranks worse than 77.73% on this metric.
As of today (2026-08-08), Ramco Cements's current share price is ₹933.80. Ramco Cements's E10 for the quarter that ended in Mar. 2026 was ₹30.69. Ramco Cements's Shiller PE Ratio for today is 30.43.
The historical rank and industry rank for Ramco Cements's Shiller PE Ratio or its related term are showing as below:
NSE:RAMCOCEM'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.28 Med: 32.66 Max: 44.82
Current: 30.42
During the past years, Ramco Cements's highest Shiller PE Ratio was 44.82. The lowest was 21.28. And the median was 32.66.
NSE:RAMCOCEM's Shiller PE Ratio is ranked worse than 77.73% of 256
companies
in the Building Materials industry
Industry Median: 14.97
vs NSE:RAMCOCEM: 30.42
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Ramco Cements's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹6.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹30.69 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ramco Cements (NSE:RAMCOCEM) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Ramco Cements Shiller PE Ratio Related Terms
Ramco Cements Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Ramco Cements's Shiller PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:RAMCOCEM vs CRH, VMC, MLM: Shiller PE Ratio Comparison
For the Building Materials subindustry, Ramco Cements's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ramco Cements Shiller PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Ramco Cements's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Ramco Cements's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Ramco Cements's Shiller PE Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ramco Cements's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Ramco Cements's adjusted earnings per share data for the three months ended in Mar. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Ramco Cements (NSE:RAMCOCEM) has a Shiller PE Ratio of 30.43 as of Aug. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Ramco Cements and its competitors. This is near median its historical median of 32.66. Over the past decade, Ramco Cements' Shiller PE Ratio has ranged from 21.28 to 44.82. According to the industry distribution chart, Ramco Cements ranks #199 out of 256 companies in the Building Materials industry, placing it in the top 77.7%.
Is Ramco Cements' Shiller PE Ratio too high?
Ramco Cements' current Shiller PE Ratio of 30.43 is near median its 10-year median of 32.66. Over the past 10 years, this metric has ranged from a low of 21.28 to a high of 44.82. The Building Materials industry median Shiller PE Ratio is 14.97. Ramco Cements' value of 30.43 is 103.3% above this industry median. Based on the distribution chart, Ramco Cements ranks #199 out of 256 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Ramco Cements has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ramco Cements' Shiller PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ramco Cements ranks #199 out of 256 companies for Shiller PE Ratio. This places Ramco Cements in the lower half of its industry. The industry median Shiller PE Ratio is 14.97. Ramco Cements' value of 30.43 is 103.3% above this benchmark. Historically, Ramco Cements' own Shiller PE Ratio has ranged from 21.28 to 44.82 over the past decade. While the company's 10-year median is 32.66 vs. the industry median of 14.97, Ramco Cements has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Building Materials company?
The median Shiller PE Ratio among Building Materials companies is 14.97, based on 256 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramco Cements's current Shiller PE Ratio of 30.43 is 103.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Ramco Cements and its competitors. For the Building Materials industry, the median Shiller PE Ratio is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Cements's current Shiller PE Ratio is 30.43, which is near median its own 10-year median of 32.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Cements stock overvalued right now?
Based on GuruFocus' analysis, Ramco Cements (NSE:RAMCOCEM) is currently considered Fairly Valued. The stock's GF Value™ is ₹980.30, compared to a current price of ₹933.80 — trading 4.7% below its estimated fair value. The current Shiller PE Ratio is 30.43, which is near median its 10-year median of 32.66 and 103.3% above the Building Materials industry median of 14.97. Ramco Cements' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Ramco Cements (NSE:RAMCOCEM), the current Shiller PE Ratio is 30.43 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ramco Cements (NSE:RAMCOCEM) Overvalued in 2026?
Based on GuruFocus' analysis, Ramco Cements stock appears to be undervalued.
The current stock price of ₹933.80 is trading 4.7% below its estimated GF Value™ of ₹980.30.
GuruFocus considers Ramco Cements to be Fairly Valued.
Key valuation signals for NSE:RAMCOCEM:
Shiller PE Ratio: 30.43 (near median its 10-year median of 32.66)
GF Value™: ₹980.30 vs. price of ₹933.80 (4.7% below fair value)
Industry Position: 103.3% above the Building Materials median (#199 of 256)
No single metric tells the full story. See the NSE:RAMCOCEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.
80GF Score
Get the complete analysis for NSE:RAMCOCEM
Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:RAMCOCEM has been successfully added to your 
