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UltraTech Cement vs Ambuja Cements vs Shree Cement: Side-by-Side Comparison of India’s Top Cement Stocks

  • September 22, 2026
  • Posted by: Harsh Piplani
  • Category: Uncategorized
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UltraTech Cement vs Ambuja Cements vs Shree Cement: Side-by-Side Comparison of India's Top Cement Stocks

UltraTech Cement, Ambuja Cements and Shree Cement compared on market cap, valuation, ROE, 52-week range and dividend yield. Data as of September 2026.

Quick Answer

UltraTech Cement vs Ambuja Cements vs Shree Cement is a side-by-side comparison of three of India’s leading cement producers. UltraTech Cement carries by far the largest market cap and highest ROE of the three, Ambuja Cements trades at the lowest PE and PB multiples, and Shree Cement commands the richest valuation despite the lowest ROE. Each company’s numbers are presented here without a declared “better” pick, since the right stock depends on an investor’s own criteria.

UltraTech Cement vs Ambuja Cements vs Shree Cement starts with the core numbers most investors compare across leading cement producers: market capitalisation, valuation, profitability, and the 52-week trading range. Figures below are as of September 2026 and will shift with daily price moves.

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Table of Contents

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  • UltraTech Cement vs Ambuja Cements vs Shree Cement: Key Metrics at a Glance
  • Valuation Comparison: PE and PB Ratios
  • Profitability Comparison: Return on Equity
  • 52-Week Trading Range Comparison
  • Dividend Yield Comparison
  • What Should Investors Look at Beyond These Numbers?
  • Conclusion
  • FAQs on UltraTech Cement vs Ambuja Cements vs Shree Cement
    • What is the market cap difference between UltraTech Cement, Ambuja Cements and Shree Cement?
    • Which of the three has the highest PE ratio?
    • Which of the three has the highest ROE?
    • What is the 52-week range for UltraTech Cement, Ambuja Cements and Shree Cement?
    • Which of these three stocks pays the highest dividend yield?
    • Which cement stock has the highest ROE?
    • Which of the three cement stocks trades at the lowest valuation?
    • Is one of UltraTech Cement, Ambuja Cements or Shree Cement better than the others?

UltraTech Cement vs Ambuja Cements vs Shree Cement: Key Metrics at a Glance

Metric UltraTech Cement Ambuja Cements Shree Cement
Market Cap (approx.) Rs 3,57,947 crore Rs 1,08,624 crore Rs 96,101 crore
PE Ratio (TTM) 41.92 24.82 58.95
PB Ratio 4.67 1.83 4.13
ROE (%) 10.65% 7.96% 7.49%
52-Week High Rs 13,110.00 Rs 606.85 Rs 31,920.00
52-Week Low Rs 10,325.00 Rs 394.00 Rs 22,550.00
Dividend Yield 1.98% 0.46% 0.56%

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Valuation Comparison: PE and PB Ratios

On valuation, Ambuja Cements trades at the lowest PE ratio of the three at 24.82, UltraTech Cement follows at 41.92, while Shree Cement commands the highest PE at 58.95. On price-to-book, UltraTech Cement trades at 4.67 times book value, Shree Cement at 4.13 times, and Ambuja Cements at a considerably lower 1.83 times.

Profitability Comparison: Return on Equity

On return on equity, UltraTech Cement leads the trio at 10.65%, ahead of Ambuja Cements at 7.96% and Shree Cement at 7.49%, a relatively tight spread between the second and third-largest of the three by this metric.

52-Week Trading Range Comparison

Shree Cement has traded in the widest absolute price band of the three over the past 52 weeks in rupee terms, between Rs 22,550.00 and Rs 31,920.00, given its considerably higher per-share price. UltraTech Cement’s range spans Rs 10,325.00 to Rs 13,110.00, while Ambuja Cements, trading at a much lower per-share price, has moved between Rs 394.00 and Rs 606.85.

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Dividend Yield Comparison

UltraTech Cement offers by far the highest dividend yield among the three at 1.98%, well ahead of Shree Cement at 0.56% and Ambuja Cements at 0.46%, making it the more income-oriented pick of the trio on this metric.

What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three cement producers should track capacity expansion plans, regional pricing trends across India’s fragmented cement market, and fuel and freight cost movements, since these operational levers often matter more to near-term earnings than trailing valuation ratios.

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Snapshot: UltraTech Cement vs Ambuja Cements vs Shree Cement is a widely searched comparison among investors tracking this sector. UltraTech Cement vs Ambuja Cements vs Shree Cement highlights differences in valuation. UltraTech Cement vs Ambuja Cements vs Shree Cement highlights differences in profitability. UltraTech Cement vs Ambuja Cements vs Shree Cement highlights differences in dividend yield. UltraTech Cement vs Ambuja Cements vs Shree Cement is best read as a factual snapshot rather than a recommendation.

In short: UltraTech Cement vs Ambuja Cements vs Shree Cement remains one of the most-searched sector comparisons on Dalal Street. UltraTech Cement vs Ambuja Cements vs Shree Cement draws attention every earnings season. UltraTech Cement vs Ambuja Cements vs Shree Cement is tracked closely by retail and institutional investors alike. UltraTech Cement vs Ambuja Cements vs Shree Cement numbers should always be checked live before acting.

Quick recap: UltraTech Cement vs Ambuja Cements vs Shree Cement. UltraTech Cement vs Ambuja Cements vs Shree Cement. UltraTech Cement vs Ambuja Cements vs Shree Cement data as of September 2026.

Conclusion

UltraTech Cement vs Ambuja Cements vs Shree Cement highlights how differently three leading names in the same sector can score across valuation, profitability and dividend metrics, even when operating in the same space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on UltraTech Cement vs Ambuja Cements vs Shree Cement

What is the market cap difference between UltraTech Cement, Ambuja Cements and Shree Cement?

Ans. As of September 2026, UltraTech Cement has a market cap of approximately Rs 3,57,947 crore, Ambuja Cements is at approximately Rs 1,08,624 crore, and Shree Cement is at approximately Rs 96,101 crore.

Which of the three has the highest PE ratio?

Ans. Among UltraTech Cement, Ambuja Cements and Shree Cement, the PE ratios stand at 41.92, 24.82 and 58.95 respectively as of September 2026.

Which of the three has the highest ROE?

Ans. UltraTech Cement, Ambuja Cements and Shree Cement post ROE of 10.65%, 7.96% and 7.49% respectively as of September 2026.

What is the 52-week range for UltraTech Cement, Ambuja Cements and Shree Cement?

Ans. UltraTech Cement has traded between Rs 10,325.00 and Rs 13,110.00, Ambuja Cements between Rs 394.00 and Rs 606.85, and Shree Cement between Rs 22,550.00 and Rs 31,920.00 over the past 52 weeks.

Which of these three stocks pays the highest dividend yield?

Ans. UltraTech Cement, Ambuja Cements and Shree Cement carry dividend yields of 1.98%, 0.46% and 0.56% respectively as of September 2026.

Which cement stock has the highest ROE?

Ans. UltraTech Cement has the highest ROE among the three at 10.65%, ahead of Ambuja Cements at 7.96% and Shree Cement at 7.49%.

Which of the three cement stocks trades at the lowest valuation?

Ans. Ambuja Cements trades at the lowest PE and PB multiples among the three, at 24.82 and 1.83 times book value respectively.

Is one of UltraTech Cement, Ambuja Cements or Shree Cement better than the others?

Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.



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Author: Harsh Piplani
I am Harsh Piplani, an Assistant Content Manager with over 5 years of experience in crafting impactful, result-driven content. I hold a B.Com (Hons) degree and have worked across diverse industries, including education, fintech, healthcare, jewellery, and more. I specialise in content strategy, SEO, and optimisation, ensuring that every piece I create is not just well-written but also well-ranked. I believe content should do more than fill space so as to drive traffic, build authority, and support business growth. I enjoy turning complex ideas into clear, engaging narratives, and, as I like to say, I know how to spin words like a web to influence, structured, strategic, and impossible to ignore. For me, great content sits at the intersection of creativity and performance.

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