JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
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The Current P/E Ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA is 179.74.
Share Price | ₹1,837.0 | Nov 21,2024 |
Market Cap | ₹4,996.6 Cr | |
Earnings-TTM | ₹27.8 Cr | TTM-Standalone Results |
Price/Earnings | 179.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,996.6 Cr] as on Nov 21,2024
(/) Earnings [ ₹27.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 179.74x ]
Thus, for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA , the investors are currently willing to pay 179.74 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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA !
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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
PE Ratio Performance Analysis for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 117.10x.
- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's operated at median p/e ratio of 70.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio peaked in Mar2022 at 298.08x.
- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/E Ratio benchmark against top 10 peers in Air Conditioners Industry?
Peer Comparison (Air Conditioners Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA | 27.80 | 179.74 | 4,996.6 |
VOLTAS LTD | 686.89 | 80.28 | 55,146.9 |
BLUE STAR LTD | 524.75 | 71.86 | 37,708.7 |
AMBER ENTERPRISES INDIA LTD | 204.80 | 107.97 | 22,112.0 |
Air Conditioners Industry Benchmark (Top 10) PE Analysis vs JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 71.86x |
Max industry PE | 179.74x |
Median industry PE | 107.97x |
Average industry PE | 109.96x |
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