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JOSTS ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of JOSTS ENGINEERING COMPANY is 22.97.

Share Price ₹370.4Mar 10,2025
Market Cap ₹370.4 Cr
Earnings-TTM₹16.1 CrTTM-Consolidated Results
Price/Earnings22.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JOSTS ENGINEERING COMPANY

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 JOSTS ENGINEERING COMPANY is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 22.97x.

- 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 RatioMarket Cap
JOSTS ENGINEERING COMPANY 16.1222.97370.4
BHARAT HEAVY ELECTRICALS LTD456.39146.4966,855.6
THERMAX LTD609.5365.1539,708.8
JYOTI CNC AUTOMATION LTD306.6872.8622,345.5
TRIVENI TURBINE LTD339.5752.8217,936.2
KIRLOSKAR BROTHERS LTD422.4030.6312,939.3
ELECON ENGINEERING COMPANY LTD364.1525.609,320.5
PRAJ INDUSTRIES LTD271.0534.099,240.3
KIRLOSKAR OIL ENGINES LTD494.9918.949,376.0
TEGA INDUSTRIES LTD182.4147.958,746.8
SHRIRAM PISTONS & RINGS LTD480.4816.708,024.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs JOSTS ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.70x
Max industry PE 146.49x
Median industry PE 34.09x
Average industry PE 48.56x



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