JAYASWAL NECO INDUSTRIES
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The Current P/E Ratio of JAYASWAL NECO INDUSTRIES is 156.14.
Share Price | ₹40.0 | Dec 20,2024 |
Market Cap | ₹3,887.9 Cr | |
Earnings-TTM | ₹24.9 Cr | TTM-Standalone Results |
Price/Earnings | 156.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JAYASWAL NECO INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,887.9 Cr] as on Dec 20,2024
(/) Earnings [ ₹24.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 156.14x ]
Thus, for JAYASWAL NECO INDUSTRIES , the investors are currently willing to pay 156.14 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 JAYASWAL NECO INDUSTRIES !
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 JAYASWAL NECO INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of JAYASWAL NECO INDUSTRIES
PE Ratio Performance Analysis for JAYASWAL NECO INDUSTRIES
- JAYASWAL NECO INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.44x.
- JAYASWAL NECO INDUSTRIES 's operated at median p/e ratio of 0.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JAYASWAL NECO INDUSTRIES 's p/e ratio peaked in Mar2024 at 22.15x.
- JAYASWAL NECO INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does JAYASWAL NECO INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JAYASWAL NECO INDUSTRIES | 24.90 | 156.14 | 3,887.9 |
JSW STEEL LTD | 5,231.00 | 42.94 | 224,603.0 |
TATA STEEL LTD | 2,576.68 | 68.24 | 175,829.0 |
JINDAL STAINLESS LTD | 2,435.40 | 24.34 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 24.16 | 47,976.1 |
APL APOLLO TUBES LTD | 582.93 | 74.25 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 40.14 | 26,500.1 |
RATNAMANI METALS & TUBES LTD | 531.14 | 43.44 | 23,075.0 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.66 | 21,483.4 |
WELSPUN CORP LTD | 849.10 | 24.01 | 20,383.2 |
JINDAL SAW LTD | 1,872.13 | 10.26 | 19,210.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JAYASWAL NECO INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.26x |
Max industry PE | 156.14x |
Median industry PE | 40.14x |
Average industry PE | 48.51x |
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