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JK CEMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of JK CEMENT is 51.76.

Share Price ₹4,887.4Jan 29,2025
Market Cap ₹37,779.6 Cr
Earnings-TTM₹729.9 CrTTM-Consolidated Results
Price/Earnings51.76xCalculated 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 [ ₹37,779.6 Cr] as on Jan 29,2025

(/) Earnings [ ₹729.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 51.76x ]

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 51.76 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 51.76x.

- 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 729.8751.7637,779.6
ULTRATECH CEMENT LTD6,243.2453.39333,316.0
AMBUJA CEMENTS LTD5,396.4023.84128,624.0
SHREE CEMENT LTD1,732.6955.4596,085.6
ACC LTD2,596.1114.4937,614.7
DALMIA BHARAT LTD580.0059.9634,779.3
THE RAMCO CEMENTS LTD274.1079.8621,890.1
NUVOCO VISTAS CORPORATION LTD-43.35-286.3412,413.0
JK LAKSHMI CEMENT LTD366.5326.099,563.6
STAR CEMENT LTD197.8443.358,576.7
PRISM JOHNSON LTD-180.57-38.486,948.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -286.34x
Max industry PE 79.86x
Median industry PE 43.35x
Average industry PE 7.58x



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