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JK CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of JK CEMENT is 37.09.

Share Price ₹3,956.3Nov 19,2024
Market Cap ₹30,582.2 Cr
Earnings-TTM₹824.5 CrTTM-Consolidated Results
Price/Earnings37.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JK CEMENT

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 JK CEMENT is calculated as :

Current Market Cap [ ₹30,582.2 Cr] as on Nov 19,2024

(/) Earnings [ ₹824.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 37.09x ]

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

Thus, for JK CEMENT , the investors are currently willing to pay 37.09 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 JK CEMENT !

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 JK CEMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of JK CEMENT


PE Ratio Performance Analysis for JK CEMENT

- JK CEMENT 's latest p/e ratio is 37.09x.

- JK CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.35x.

- JK CEMENT 's operated at median p/e ratio of 31.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JK CEMENT 's p/e ratio peaked in Mar2023 at 53.33x.

- JK CEMENT 's p/e ratio hit its five-year low in Mar2020 of 14.74x.


How does JK CEMENT 's P/E Ratio benchmark against top 10 peers in Cement & Construction Materials Industry?

Peer Comparison (Cement & Construction Materials Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JK CEMENT 824.4637.0930,582.2
ULTRATECH CEMENT LTD6,537.4947.58311,061.0
AMBUJA CEMENTS LTD3,858.6030.88119,154.0
SHREE CEMENT LTD1,732.6950.2287,019.9
ACC LTD2,034.7318.7038,041.9
DALMIA BHARAT LTD780.0042.5933,219.5
THE RAMCO CEMENTS LTD274.1077.8821,347.8
NUVOCO VISTAS CORPORATION LTD49.05246.3312,082.6
JK LAKSHMI CEMENT LTD366.5324.188,862.9
STAR CEMENT LTD197.8436.617,242.9
PRISM JOHNSON LTD-180.57-50.829,176.2

Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs JK CEMENT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -50.82x
Max industry PE 246.33x
Median industry PE 37.09x
Average industry PE 51.02x



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