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JAGATJIT INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JAGATJIT INDUSTRIES is 66.76.

Share Price ₹177.6Apr 18,2024
Market Cap ₹829.2 Cr
Earnings-TTM₹12.4 CrTTM-Consolidated Results
Price/Earnings66.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JAGATJIT INDUSTRIES

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 JAGATJIT INDUSTRIES is calculated as :

Current Market Cap [ ₹829.2 Cr] as on Apr 18,2024

(/) Earnings [ ₹12.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 66.76x ]

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

Thus, for JAGATJIT INDUSTRIES , the investors are currently willing to pay 66.76 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 JAGATJIT 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 JAGATJIT INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of JAGATJIT INDUSTRIES


PE Ratio Performance Analysis for JAGATJIT INDUSTRIES

- JAGATJIT INDUSTRIES 's latest p/e ratio is 66.76x.

- JAGATJIT INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 140.77x.

- JAGATJIT INDUSTRIES 's operated at median p/e ratio of 37.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JAGATJIT INDUSTRIES 's p/e ratio peaked in Mar2022 at 605.29x.

- JAGATJIT INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does JAGATJIT INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?

Peer Comparison (Breweries & Distilleries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JAGATJIT INDUSTRIES 12.4266.76829.2
UNITED SPIRITS LTD1,270.4065.9083,718.1
UNITED BREWERIES LTD339.18143.3948,633.4
RADICO KHAITAN LTD236.1798.5823,282.5
SULA VINEYARDS LTD94.0050.264,724.3
TILAKNAGAR INDUSTRIES LTD165.6626.654,415.5
SOM DISTILLERIES BREWERIES & WINERIES LTD82.3830.212,488.4
GLOBUS SPIRITS LTD132.2116.592,193.6
GM BREWERIES LTD151.529.141,384.8
ASSOCIATED ALCOHOLS & BREWERIES LTD48.1720.821,002.9

Breweries & Distilleries Industry Benchmark (Top 10) PE Analysis vs JAGATJIT INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.14x
Max industry PE 143.39x
Median industry PE 50.26x
Average industry PE 52.83x



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