JOSTS ENGINEERING COMPANY
|
The Current P/E Ratio of JOSTS ENGINEERING COMPANY is 22.97.
Share Price | ₹370.4 | Mar 10,2025 |
Market Cap | ₹370.4 Cr | |
Earnings-TTM | ₹16.1 Cr | TTM-Consolidated Results |
Price/Earnings | 22.97x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JOSTS ENGINEERING COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹370.4 Cr] as on Mar 10,2025
(/) Earnings [ ₹16.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.97x ]
Thus, for JOSTS ENGINEERING COMPANY , the investors are currently willing to pay 22.97 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 JOSTS ENGINEERING COMPANY !
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 JOSTS ENGINEERING COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of JOSTS ENGINEERING COMPANY
PE Ratio Performance Analysis for JOSTS ENGINEERING COMPANY
- JOSTS ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.57x.
- JOSTS ENGINEERING COMPANY 's operated at median p/e ratio of 7.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JOSTS ENGINEERING COMPANY 's p/e ratio peaked in Mar2024 at 36.59x.
- JOSTS ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2021 of 2.7x.
How does JOSTS ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JOSTS ENGINEERING COMPANY | 16.12 | 22.97 | 370.4 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 146.49 | 66,855.6 |
THERMAX LTD | 609.53 | 65.15 | 39,708.8 |
JYOTI CNC AUTOMATION LTD | 306.68 | 72.86 | 22,345.5 |
TRIVENI TURBINE LTD | 339.57 | 52.82 | 17,936.2 |
KIRLOSKAR BROTHERS LTD | 422.40 | 30.63 | 12,939.3 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 25.60 | 9,320.5 |
PRAJ INDUSTRIES LTD | 271.05 | 34.09 | 9,240.3 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 18.94 | 9,376.0 |
TEGA INDUSTRIES LTD | 182.41 | 47.95 | 8,746.8 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 16.70 | 8,024.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs JOSTS ENGINEERING COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.70x |
Max industry PE | 146.49x |
Median industry PE | 34.09x |
Average industry PE | 48.56x |
You may also like the below Video Courses