JTL INDUSTRIES
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The Current P/E Ratio of JTL INDUSTRIES is 34.81.
Share Price | ₹103.4 | Jan 17,2025 |
Market Cap | ₹4,064.7 Cr | |
Earnings-TTM | ₹116.8 Cr | TTM-Consolidated Results |
Price/Earnings | 34.81x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JTL INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
JTL INDUSTRIES | 116.78 | 34.81 | 4,064.7 |
JSW STEEL LTD | 5,231.00 | 42.46 | 222,096.0 |
TATA STEEL LTD | 2,576.68 | 63.13 | 162,659.0 |
JINDAL STAINLESS LTD | 2,435.40 | 21.43 | 52,198.2 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 22.63 | 44,940.1 |
APL APOLLO TUBES LTD | 582.93 | 74.66 | 43,521.4 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 37.87 | 25,005.8 |
RATNAMANI METALS & TUBES LTD | 531.14 | 39.29 | 20,868.8 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.73 | 21,542.0 |
WELSPUN CORP LTD | 849.10 | 24.07 | 20,438.3 |
JINDAL SAW LTD | 1,872.13 | 8.82 | 16,512.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JTL INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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