JK CEMENT
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The Current P/E Ratio of JK CEMENT is 51.76.
Share Price | ₹4,887.4 | Jan 29,2025 |
Market Cap | ₹37,779.6 Cr | |
Earnings-TTM | ₹729.9 Cr | TTM-Consolidated Results |
Price/Earnings | 51.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JK CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
JK CEMENT | 729.87 | 51.76 | 37,779.6 |
ULTRATECH CEMENT LTD | 6,243.24 | 53.39 | 333,316.0 |
AMBUJA CEMENTS LTD | 5,396.40 | 23.84 | 128,624.0 |
SHREE CEMENT LTD | 1,732.69 | 55.45 | 96,085.6 |
ACC LTD | 2,596.11 | 14.49 | 37,614.7 |
DALMIA BHARAT LTD | 580.00 | 59.96 | 34,779.3 |
THE RAMCO CEMENTS LTD | 274.10 | 79.86 | 21,890.1 |
NUVOCO VISTAS CORPORATION LTD | -43.35 | -286.34 | 12,413.0 |
JK LAKSHMI CEMENT LTD | 366.53 | 26.09 | 9,563.6 |
STAR CEMENT LTD | 197.84 | 43.35 | 8,576.7 |
PRISM JOHNSON LTD | -180.57 | -38.48 | 6,948.8 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs JK CEMENT 's P/E Ratio
Top 10 Industry Peers | PE 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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