JTL INDUSTRIES
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The Current P/E Ratio of JTL INDUSTRIES is 39.07.
Share Price | ₹235.3 | Sep 06,2024 |
Market Cap | ₹4,623.6 Cr | |
Earnings-TTM | ₹118.3 Cr | TTM-Consolidated Results |
Price/Earnings | 39.07x | 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 [ ₹4,623.6 Cr] as on Sep 06,2024
(/) Earnings [ ₹118.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 39.07x ]
Thus, for JTL INDUSTRIES , the investors are currently willing to pay 39.07 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 | 118.34 | 39.07 | 4,623.6 |
JSW STEEL LTD | 7,562.00 | 30.17 | 228,149.0 |
TATA STEEL LTD | -4,821.70 | -39.16 | 188,812.0 |
JINDAL STAINLESS LTD | 2,582.83 | 23.14 | 59,777.2 |
STEEL AUTHORITY OF INDIA LTD | 2,454.11 | 21.77 | 53,428.3 |
APL APOLLO TUBES LTD | 731.99 | 53.22 | 38,958.9 |
MOTHERSON SUMI WIRING INDIA LTD | 664.05 | 46.53 | 30,899.1 |
RATNAMANI METALS & TUBES LTD | 596.12 | 44.79 | 26,698.0 |
SHYAM METALICS AND ENERGY LTD | 1,103.70 | 20.09 | 22,170.1 |
WELSPUN CORP LTD | 901.63 | 19.80 | 17,855.5 |
JINDAL SAW LTD | 1,759.69 | 12.56 | 22,109.4 |
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 | -39.16x |
Max industry PE | 53.22x |
Median industry PE | 23.14x |
Average industry PE | 24.73x |
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