
Is ACC the Best Stock in Its Sector? A Look at the Numbers
ACC CMP Rs 1,137 (16 Oct 2026). Market cap Rs 21,368 Cr. ROE 10.40%. P/E 11.19x versus Industry P/E 29.44x.
Updated: 16 Oct 2026 • 11:44 am
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Quick Answer
ACC is one of the names investors compare when screening the Cement sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.
Is ACC the best stock in its sector? The stock trades on the NSE at Rs 1,137 as of 16 October 2026, within its 52-week range of Rs 1,123.00 to Rs 1,987.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.
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About ACC
ACC Ltd is one of India's long established cement makers and is part of the Adani Group cement business. It makes cement and ready mixed concrete and sells them through a large dealer network, with plants spread across many states. At a market capitalisation of Rs 21,368 Cr, it is tracked as part of the Cement sector on Univest.
Is ACC the Best Stock in Its Sector?
ACC makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. ACC's 11.19x P/E is below the 29.44x Industry P/E, Star Cement at 18.80x and The Ramco Cements at 29.45x, while its 10.40% ROE is lower than Star Cement at 12.33%, though higher than The Ramco Cements at 3.20%, and its debt to equity ratio of 0.02 is below Star Cement at 0.19 and The Ramco Cements at 0.48.
| Metric | ACC |
|---|---|
| CMP (NSE) | Rs 1,137.40 |
| 52-Week High / Low | Rs 1,987.00 / Rs 1,123.00 |
| Market Cap | Rs 21,368 Cr |
| P/E (TTM) vs Industry P/E | 11.19x vs 29.44x |
| P/B | 1.04 |
| ROE | 10.40% |
| EPS (TTM) | Rs 101.65 |
| Dividend Yield | 0.66% |
| Debt to Equity | 0.02 |
Compare ACC Against Other Cement Sector Stocks
How ACC Compares Against Its Cement Sector Peers
The table below sets ACC against 2 other Cement sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| ACC | 21,368 | 11.19 | 10.40% | 0.02 |
| Star Cement | 6,885 | 18.80 | 12.33% | 0.19 |
| The Ramco Cements | 19,011 | 29.45 | 3.20% | 0.48 |
| Peer average (2 companies) | - | 24.12 | 7.77% | 0.33 |
Measured against the peer averages, ACC's P/E is 54 percent below the 24.12x average, and its ROE is 2.63 percentage points above the 7.77% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.
What Makes ACC Worth Watching in Cement
- Scale: At Rs 21,368 Cr, its market capitalisation is larger than Star Cement (Rs 6,885 Cr) and The Ramco Cements (Rs 19,011 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
- Sector drivers: Housing, infrastructure and government construction spending decide cement volumes, while fuel and freight costs decide margins.
- Key risk: The share trades near its 52-week low, well under its high, and cement prices can be volatile when regional supply rises.
ACC Valuation: Is It Justified?
At a P/B ratio of 1.04, the market pays about Rs 1.04 for every rupee of book value, and the EPS (TTM) of Rs 101.65 is the earnings base behind the P/E. The stock trades about 43 percent below its 52-week high and about 1 percent above its 52-week low. The dividend yield of 0.66% is a modest income component, so returns depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track ACC and other Cement sector stocks.
How to Track ACC Before You Invest
Before deciding whether ACC deserves its label as the best stock in its sector for your own portfolio, compare it directly against Cement sector peers using the steps below.
- Open the Univest Screener and search for ACC to view live price, valuation ratios, and peer comparisons within the Cement sector.
- Compare its P/E, P/B, and ROE against other Cement sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
ACC gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Cement depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. 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).
Is ACC the best stock in its sector?
Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. ACC has a 10.40% ROE and trades at 11.19x P/E against a 29.44x Industry P/E. Against the 2 peers compared in this article, its ROE is above the 7.77% peer average and its P/E is below the 24.12x peer average. Its debt to equity ratio of 0.02 is below the 0.33 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.
What is the current share price of ACC?
Ans. ACC was trading at Rs 1,137.40 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 1,123.00 to Rs 1,987.00. That leaves the share price 43 percent short of the 52-week high and 1 percent clear of the 52-week low. Its market capitalisation is Rs 21,368 Cr and its EPS (TTM) is Rs 101.65, which is the earnings figure behind the 11.19x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.
What sector does ACC belong to?
Ans. ACC is classified under the Cement sector on Univest, and that group of listed companies is the reference point for the 29.44x Industry P/E used in this article. The 2 named peers compared here are Star Cement and The Ramco Cements, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Cement sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.
How does ACC compare to its sector peers on P/E?
Ans. ACC's P/E of 11.19x is below the 24.12x average of the 2 named peers, with Star Cement at 18.80x and The Ramco Cements at 29.45x. It also sits below the 29.44x Industry P/E, which is the benchmark for the wider Cement sector. A P/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 1.04 gives one more view of how the market values its book value.
What is ACC's return on equity?
Ans. ACC reported a return on equity of 10.40%, which is above the 7.77% average of its named peers, with Star Cement at 12.33% and The Ramco Cements at 3.20%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.02 against a peer average of 0.33. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.
Should I invest in ACC based on its sector position?
Ans. Sector position is only one input into an investment decision. ACC has a 10.40% ROE and a 11.19x P/E, which make it worth researching further, and its dividend yield is 0.66%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.
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