JINDAL WORLDWIDE
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The Current P/E Ratio of JINDAL WORLDWIDE is 79.24.
Share Price | ₹334.4 | Nov 19,2024 |
Market Cap | ₹6,703.7 Cr | |
Earnings-TTM | ₹84.6 Cr | TTM-Consolidated Results |
Price/Earnings | 79.24x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL WORLDWIDE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,703.7 Cr] as on Nov 19,2024
(/) Earnings [ ₹84.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 79.24x ]
Thus, for JINDAL WORLDWIDE , the investors are currently willing to pay 79.24 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 JINDAL WORLDWIDE !
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 JINDAL WORLDWIDE over the last five years.
Historical PE (Price/Earnings) ratio chart of JINDAL WORLDWIDE
PE Ratio Performance Analysis for JINDAL WORLDWIDE
- JINDAL WORLDWIDE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 46.75x.
- JINDAL WORLDWIDE 's operated at median p/e ratio of 51.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL WORLDWIDE 's p/e ratio peaked in Mar2024 at 82.41x.
- JINDAL WORLDWIDE 's p/e ratio hit its five-year low in Mar2021 of 21.84x.
How does JINDAL WORLDWIDE 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JINDAL WORLDWIDE | 84.60 | 79.24 | 6,703.7 |
PAGE INDUSTRIES LTD | 621.04 | 80.13 | 49,762.1 |
KPR MILL LTD | 808.98 | 39.32 | 31,809.2 |
VEDANT FASHIONS LTD | 402.90 | 81.87 | 32,983.9 |
SWAN ENERGY LTD | 610.38 | 27.62 | 16,857.7 |
WELSPUN LIVING LTD | 697.59 | 20.42 | 14,248.2 |
ALOK INDUSTRIES LTD | -913.83 | -11.18 | 10,213.5 |
VARDHMAN TEXTILES LTD | 751.84 | 17.25 | 12,972.4 |
ARVIND LTD | 305.09 | 29.58 | 9,023.2 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 38.98 | 8,789.3 |
INDO COUNT INDUSTRIES LTD | 309.34 | 20.37 | 6,301.1 |
Textile Industry Benchmark (Top 10) PE Analysis vs JINDAL WORLDWIDE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -11.18x |
Max industry PE | 81.87x |
Median industry PE | 29.58x |
Average industry PE | 38.51x |
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