JAIN IRRIGATION SYSTEMS
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The Current P/E Ratio of JAIN IRRIGATION SYSTEMS is 115.74.
Share Price | ₹63.7 | Nov 21,2024 |
Market Cap | ₹4,254.6 Cr | |
Earnings-TTM | ₹36.8 Cr | TTM-Consolidated Results |
Price/Earnings | 115.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JAIN IRRIGATION SYSTEMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,254.6 Cr] as on Nov 21,2024
(/) Earnings [ ₹36.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 115.74x ]
Thus, for JAIN IRRIGATION SYSTEMS , the investors are currently willing to pay 115.74 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of JAIN IRRIGATION SYSTEMS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of JAIN IRRIGATION SYSTEMS over the last five years.
Historical PE (Price/Earnings) ratio chart of JAIN IRRIGATION SYSTEMS
PE Ratio Performance Analysis for JAIN IRRIGATION SYSTEMS
- JAIN IRRIGATION SYSTEMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.91x.
- JAIN IRRIGATION SYSTEMS 's operated at median p/e ratio of 2.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JAIN IRRIGATION SYSTEMS 's p/e ratio peaked in Mar2024 at 74.3x.
- JAIN IRRIGATION SYSTEMS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does JAIN IRRIGATION SYSTEMS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JAIN IRRIGATION SYSTEMS | 36.76 | 115.74 | 4,254.6 |
ASTRAL LTD | 522.90 | 88.10 | 46,066.8 |
SUPREME INDUSTRIES LTD | 964.11 | 59.90 | 57,752.1 |
FINOLEX INDUSTRIES LTD | 777.44 | 20.42 | 15,871.8 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.49 | 6,679.9 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 35.58 | 4,685.0 |
EPL LTD | 256.60 | 31.42 | 8,061.1 |
JAI CORP LTD | 67.80 | 75.25 | 5,101.9 |
TIME TECHNOPLAST LTD | 367.61 | 22.94 | 8,431.6 |
GARWARE HITECH FILMS LTD | 306.30 | 35.28 | 10,807.2 |
MOLDTEK PACKAGING LTD | 62.81 | 35.01 | 2,198.9 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs JAIN IRRIGATION SYSTEMS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.42x |
Max industry PE | 115.74x |
Median industry PE | 35.49x |
Average industry PE | 50.47x |
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