JYOTI RESINS & ADHESIVES
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The Current P/E Ratio of JYOTI RESINS & ADHESIVES is 20.61.
Share Price | ₹1,251.9 | Feb 21,2025 |
Market Cap | ₹1,502.2 Cr | |
Earnings-TTM | ₹72.9 Cr | TTM-Standalone Results |
Price/Earnings | 20.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JYOTI RESINS & ADHESIVES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,502.2 Cr] as on Feb 21,2025
(/) Earnings [ ₹72.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 20.61x ]
Thus, for JYOTI RESINS & ADHESIVES , the investors are currently willing to pay 20.61 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 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 Ratio | Market Cap |
---|---|---|---|
JYOTI RESINS & ADHESIVES | 72.88 | 20.61 | 1,502.2 |
PIDILITE INDUSTRIES LTD | 1,977.40 | 71.87 | 142,121.0 |
SRF LTD | 1,146.93 | 71.75 | 82,293.5 |
SOLAR INDUSTRIES INDIA LTD | 1,173.84 | 68.20 | 80,060.2 |
GUJARAT FLUOROCHEMICALS LTD | 455.97 | 89.21 | 40,677.5 |
GODREJ INDUSTRIES LTD | 1,519.02 | 25.13 | 38,167.5 |
DEEPAK NITRITE LTD | 748.70 | 35.18 | 26,339.5 |
TATA CHEMICALS LTD | -538.00 | -40.02 | 21,532.0 |
HIMADRI SPECIALITY CHEMICAL LTD | 514.81 | 43.83 | 22,563.7 |
NAVIN FLUORINE INTERNATIONAL LTD | 264.00 | 75.80 | 20,011.3 |
VINATI ORGANICS LTD | 386.36 | 42.37 | 16,368.3 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs JYOTI RESINS & ADHESIVES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -40.02x |
Max industry PE | 89.21x |
Median industry PE | 43.83x |
Average industry PE | 45.81x |
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