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SHRI JAGDAMBA POLYMERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHRI JAGDAMBA POLYMERS is 18.86.

Share Price ₹739.9Dec 11,2024
Market Cap ₹651.1 Cr
Earnings-TTM₹34.5 CrTTM-Standalone Results
Price/Earnings18.86xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHRI JAGDAMBA POLYMERS

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 SHRI JAGDAMBA POLYMERS is calculated as :

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 ]

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

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 latest p/e ratio is 18.86x.

- 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 RatioMarket Cap
SHRI JAGDAMBA POLYMERS 34.5218.86651.1
ASTRAL LTD522.9095.2149,784.7
SUPREME INDUSTRIES LTD964.1165.3763,026.3
FINOLEX INDUSTRIES LTD777.4421.8116,954.5
RESPONSIVE INDUSTRIES LTD188.2439.347,405.1
PRINCE PIPES AND FITTINGS LTD131.6636.124,755.8
EPL LTD256.6034.308,802.1
JAI CORP LTD67.8099.446,742.0
TIME TECHNOPLAST LTD367.6130.9611,382.8
GARWARE HITECH FILMS LTD306.3039.5012,098.4
JAIN IRRIGATION SYSTEMS LTD36.76146.025,367.8

Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHRI JAGDAMBA POLYMERS 's P/E Ratio

Top 10 Industry PeersPE 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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