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JYOTI RESINS & ADHESIVES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JYOTI RESINS & ADHESIVES is 20.47.

Share Price ₹1,243.5Feb 19,2025
Market Cap ₹1,492.1 Cr
Earnings-TTM₹72.9 CrTTM-Standalone Results
Price/Earnings20.47xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JYOTI RESINS & ADHESIVES

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 JYOTI RESINS & ADHESIVES is calculated as :

Current Market Cap [ ₹1,492.1 Cr] as on Feb 19,2025

(/) Earnings [ ₹72.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 20.47x ]

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

Thus, for JYOTI RESINS & ADHESIVES , the investors are currently willing to pay 20.47 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 JYOTI RESINS & ADHESIVES !

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 JYOTI RESINS & ADHESIVES over the last five years.

Historical PE (Price/Earnings) ratio chart of JYOTI RESINS & ADHESIVES


PE Ratio Performance Analysis for JYOTI RESINS & ADHESIVES

- JYOTI RESINS & ADHESIVES 's latest p/e ratio is 20.47x.

- JYOTI RESINS & ADHESIVES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.14x.

- JYOTI RESINS & ADHESIVES 's operated at median p/e ratio of 14.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JYOTI RESINS & ADHESIVES 's p/e ratio peaked in Mar2023 at 32.84x.

- JYOTI RESINS & ADHESIVES 's p/e ratio hit its five-year low in Mar2020 of 1.89x.


How does JYOTI RESINS & ADHESIVES 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JYOTI RESINS & ADHESIVES 72.8820.471,492.1
PIDILITE INDUSTRIES LTD1,977.4071.23140,860.0
SOLAR INDUSTRIES INDIA LTD1,173.8467.7179,477.4
SRF LTD1,146.9370.4980,842.5
GUJARAT FLUOROCHEMICALS LTD455.9788.0740,155.7
DEEPAK NITRITE LTD748.7034.8826,115.9
TATA CHEMICALS LTD-538.00-40.4221,746.0
GODREJ INDUSTRIES LTD1,519.0219.0628,953.9
AARTI INDUSTRIES LTD367.0041.1515,100.8
ATUL LTD414.3739.5016,365.9
VINATI ORGANICS LTD386.3642.2616,326.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs JYOTI RESINS & ADHESIVES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -40.42x
Max industry PE 88.07x
Median industry PE 41.15x
Average industry PE 41.31x



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