SHRI JAGDAMBA POLYMERS
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The Current P/E Ratio of SHRI JAGDAMBA POLYMERS is 18.86.
Share Price | ₹739.9 | Dec 11,2024 |
Market Cap | ₹651.1 Cr | |
Earnings-TTM | ₹34.5 Cr | TTM-Standalone Results |
Price/Earnings | 18.86x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRI JAGDAMBA POLYMERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹651.1 Cr] as on Dec 11,2024
(/) Earnings [ ₹34.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.86x ]
Thus, for SHRI JAGDAMBA POLYMERS , the investors are currently willing to pay 18.86 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 SHRI JAGDAMBA POLYMERS !
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 SHRI JAGDAMBA POLYMERS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHRI JAGDAMBA POLYMERS
PE Ratio Performance Analysis for SHRI JAGDAMBA POLYMERS
- SHRI JAGDAMBA POLYMERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.53x.
- SHRI JAGDAMBA POLYMERS 's operated at median p/e ratio of 14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRI JAGDAMBA POLYMERS 's p/e ratio peaked in Mar2022 at 14.86x.
- SHRI JAGDAMBA POLYMERS 's p/e ratio hit its five-year low in Mar2020 of 3.7x.
How does SHRI JAGDAMBA POLYMERS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHRI JAGDAMBA POLYMERS | 34.52 | 18.86 | 651.1 |
ASTRAL LTD | 522.90 | 95.21 | 49,784.7 |
SUPREME INDUSTRIES LTD | 964.11 | 65.37 | 63,026.3 |
FINOLEX INDUSTRIES LTD | 777.44 | 21.81 | 16,954.5 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 39.34 | 7,405.1 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 36.12 | 4,755.8 |
EPL LTD | 256.60 | 34.30 | 8,802.1 |
JAI CORP LTD | 67.80 | 99.44 | 6,742.0 |
TIME TECHNOPLAST LTD | 367.61 | 30.96 | 11,382.8 |
GARWARE HITECH FILMS LTD | 306.30 | 39.50 | 12,098.4 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 146.02 | 5,367.8 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHRI JAGDAMBA POLYMERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.86x |
Max industry PE | 146.02x |
Median industry PE | 39.34x |
Average industry PE | 56.99x |
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