JK LAKSHMI CEMENT
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The Current P/E Ratio of JK LAKSHMI CEMENT is 24.98.
Share Price | ₹778.1 | Nov 29,2024 |
Market Cap | ₹9,157.6 Cr | |
Earnings-TTM | ₹366.5 Cr | TTM-Consolidated Results |
Price/Earnings | 24.98x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JK LAKSHMI CEMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,157.6 Cr] as on Nov 29,2024
(/) Earnings [ ₹366.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.98x ]
Thus, for JK LAKSHMI CEMENT , the investors are currently willing to pay 24.98 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 LAKSHMI 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 LAKSHMI CEMENT over the last five years.
Historical PE (Price/Earnings) ratio chart of JK LAKSHMI CEMENT
PE Ratio Performance Analysis for JK LAKSHMI CEMENT
- JK LAKSHMI CEMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.30x.
- JK LAKSHMI CEMENT 's operated at median p/e ratio of 12.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JK LAKSHMI CEMENT 's p/e ratio peaked in Mar2023 at 25.95x.
- JK LAKSHMI CEMENT 's p/e ratio hit its five-year low in Mar2020 of 9.28x.
How does JK LAKSHMI 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 LAKSHMI CEMENT | 366.53 | 24.98 | 9,157.6 |
ULTRATECH CEMENT LTD | 6,537.49 | 49.46 | 323,327.0 |
AMBUJA CEMENTS LTD | 3,858.60 | 33.95 | 130,989.0 |
SHREE CEMENT LTD | 1,732.69 | 54.27 | 94,027.0 |
ACC LTD | 2,034.73 | 20.52 | 41,755.4 |
DALMIA BHARAT LTD | 780.00 | 43.73 | 34,105.8 |
JK CEMENT LTD | 824.46 | 40.08 | 33,042.6 |
THE RAMCO CEMENTS LTD | 274.10 | 87.53 | 23,993.1 |
NUVOCO VISTAS CORPORATION LTD | 49.05 | 255.58 | 12,536.2 |
STAR CEMENT LTD | 197.84 | 37.35 | 7,388.4 |
PRISM JOHNSON LTD | -180.57 | -52.45 | 9,470.7 |
Cement & Construction Materials Industry Benchmark (Top 10) PE Analysis vs JK LAKSHMI CEMENT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -52.45x |
Max industry PE | 255.58x |
Median industry PE | 40.08x |
Average industry PE | 54.09x |
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