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JAYASWAL NECO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JAYASWAL NECO INDUSTRIES is 156.14.

Share Price ₹40.0Dec 20,2024
Market Cap ₹3,887.9 Cr
Earnings-TTM₹24.9 CrTTM-Standalone Results
Price/Earnings156.14xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JAYASWAL NECO INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of JAYASWAL NECO INDUSTRIES is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 156.14x.

- 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 RatioMarket Cap
JAYASWAL NECO INDUSTRIES 24.90156.143,887.9
JSW STEEL LTD5,231.0042.94224,603.0
TATA STEEL LTD2,576.6868.24175,829.0
JINDAL STAINLESS LTD2,435.4024.3459,286.7
STEEL AUTHORITY OF INDIA LTD1,985.5124.1647,976.1
APL APOLLO TUBES LTD582.9374.2543,280.0
MOTHERSON SUMI WIRING INDIA LTD660.2540.1426,500.1
RATNAMANI METALS & TUBES LTD531.1443.4423,075.0
SHYAM METALICS AND ENERGY LTD837.3925.6621,483.4
WELSPUN CORP LTD849.1024.0120,383.2
JINDAL SAW LTD1,872.1310.2619,210.8

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JAYASWAL NECO INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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