JTL INDUSTRIES
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The Current P/E Ratio of JTL INDUSTRIES is 34.11.
Share Price | ₹96.8 | Jan 31,2025 |
Market Cap | ₹3,804.8 Cr | |
Earnings-TTM | ₹111.5 Cr | TTM-Consolidated Results |
Price/Earnings | 34.11x | 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 [ ₹3,804.8 Cr] as on Jan 31,2025
(/) Earnings [ ₹111.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.11x ]
Thus, for JTL INDUSTRIES , the investors are currently willing to pay 34.11 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 | 111.54 | 34.11 | 3,804.8 |
JSW STEEL LTD | 3,478.00 | 66.41 | 230,961.0 |
TATA STEEL LTD | 2,376.45 | 70.73 | 168,090.0 |
JINDAL STAINLESS LTD | 2,426.03 | 22.20 | 53,858.1 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 22.34 | 44,361.8 |
APL APOLLO TUBES LTD | 634.39 | 66.03 | 41,889.6 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 37.57 | 24,806.8 |
RATNAMANI METALS & TUBES LTD | 531.14 | 37.62 | 19,979.4 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 23.40 | 21,271.2 |
WELSPUN CORP LTD | 849.10 | 22.91 | 19,454.5 |
JINDAL SAW LTD | 1,831.36 | 8.73 | 15,994.1 |
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 | 8.73x |
Max industry PE | 70.73x |
Median industry PE | 34.11x |
Average industry PE | 37.46x |
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