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JTL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JTL INDUSTRIES is 34.81.

Share Price ₹103.4Jan 17,2025
Market Cap ₹4,064.7 Cr
Earnings-TTM₹116.8 CrTTM-Consolidated Results
Price/Earnings34.81xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JTL INDUSTRIES

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 JTL INDUSTRIES is calculated as :

Current Market Cap [ ₹4,064.7 Cr] as on Jan 17,2025

(/) Earnings [ ₹116.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 34.81x ]

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

Thus, for JTL INDUSTRIES , the investors are currently willing to pay 34.81 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 JTL INDUSTRIES !

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 JTL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of JTL INDUSTRIES


PE Ratio Performance Analysis for JTL INDUSTRIES

- JTL INDUSTRIES 's latest p/e ratio is 34.81x.

- JTL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 17.92x.

- JTL INDUSTRIES 's operated at median p/e ratio of 22.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, JTL INDUSTRIES 's p/e ratio peaked in Mar2024 at 28.8x.

- JTL INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 5.63x.


How does JTL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JTL INDUSTRIES 116.7834.814,064.7
JSW STEEL LTD5,231.0042.46222,096.0
TATA STEEL LTD2,576.6863.13162,659.0
JINDAL STAINLESS LTD2,435.4021.4352,198.2
STEEL AUTHORITY OF INDIA LTD1,985.5122.6344,940.1
APL APOLLO TUBES LTD582.9374.6643,521.4
MOTHERSON SUMI WIRING INDIA LTD660.2537.8725,005.8
RATNAMANI METALS & TUBES LTD531.1439.2920,868.8
SHYAM METALICS AND ENERGY LTD837.3925.7321,542.0
WELSPUN CORP LTD849.1024.0720,438.3
JINDAL SAW LTD1,872.138.8216,512.1

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JTL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.82x
Max industry PE 74.66x
Median industry PE 34.81x
Average industry PE 35.90x



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