JAIPRAKASH POWER VENTURES
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The Current P/E Ratio of JAIPRAKASH POWER VENTURES is 30.10.
Share Price | ₹17.1 | Apr 19,2024 |
Market Cap | ₹11,712.6 Cr | |
Earnings-TTM | ₹389.2 Cr | TTM-Consolidated Results |
Price/Earnings | 30.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JAIPRAKASH POWER VENTURES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,712.6 Cr] as on Apr 19,2024
(/) Earnings [ ₹389.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.10x ]
Thus, for JAIPRAKASH POWER VENTURES , the investors are currently willing to pay 30.10 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 JAIPRAKASH POWER VENTURES !
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 JAIPRAKASH POWER VENTURES over the last five years.
Historical PE (Price/Earnings) ratio chart of JAIPRAKASH POWER VENTURES
PE Ratio Performance Analysis for JAIPRAKASH POWER VENTURES
- JAIPRAKASH POWER VENTURES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 24.04x.
- JAIPRAKASH POWER VENTURES 's operated at median p/e ratio of 8.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JAIPRAKASH POWER VENTURES 's p/e ratio peaked in Mar2023 at 68.48x.
- JAIPRAKASH POWER VENTURES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does JAIPRAKASH POWER VENTURES 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JAIPRAKASH POWER VENTURES | 389.17 | 30.10 | 11,712.6 |
NTPC LTD | 16,487.10 | 20.64 | 340,256.0 |
ADANI GREEN ENERGY LTD | 1,198.00 | 234.13 | 280,493.0 |
POWER GRID CORPORATION OF INDIA LTD | 16,282.80 | 16.09 | 261,998.0 |
ADANI POWER LTD | 23,334.00 | 9.83 | 229,295.0 |
TATA POWER COMPANY LTD | 3,132.99 | 43.65 | 136,761.0 |
ADANI ENERGY SOLUTIONS LTD | 1,251.98 | 92.74 | 116,112.0 |
NHPC LTD | 3,737.52 | 23.44 | 87,602.8 |
JSW ENERGY LTD | 1,657.78 | 66.03 | 109,471.0 |
TORRENT POWER LTD | 1,932.89 | 37.30 | 72,102.1 |
SJVN LTD | 990.52 | 49.28 | 48,808.1 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs JAIPRAKASH POWER VENTURES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.83x |
Max industry PE | 234.13x |
Median industry PE | 37.30x |
Average industry PE | 56.66x |
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