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JASH ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of JASH ENGINEERING is 34.54.

Share Price ₹1,700.5Apr 19,2024
Market Cap ₹2,108.6 Cr
Earnings-TTM₹61.0 CrTTM-Consolidated Results
Price/Earnings34.54xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JASH ENGINEERING

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 JASH ENGINEERING is calculated as :

Current Market Cap [ ₹2,108.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹61.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 34.54x ]

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

Thus, for JASH ENGINEERING , the investors are currently willing to pay 34.54 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 JASH ENGINEERING !

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 JASH ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of JASH ENGINEERING


PE Ratio Performance Analysis for JASH ENGINEERING

- JASH ENGINEERING 's latest p/e ratio is 34.54x.

- JASH ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.21x.

- JASH ENGINEERING 's operated at median p/e ratio of 15.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JASH ENGINEERING 's p/e ratio peaked in Mar2023 at 19.53x.

- JASH ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 5.76x.


How does JASH ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JASH ENGINEERING 61.0434.542,108.6
BHARAT ELECTRONICS LTD3,523.8348.36170,427.0
BHARAT HEAVY ELECTRICALS LTD-183.06-484.0088,601.1
THERMAX LTD612.4793.6757,369.0
TRIVENI TURBINE LTD249.2668.3717,041.4
KIRLOSKAR OIL ENGINES LTD370.4134.6012,815.6
ELECON ENGINEERING COMPANY LTD349.1837.4913,089.2
PRAJ INDUSTRIES LTD279.5733.509,365.3
SHRIRAM PISTONS & RINGS LTD413.6021.779,002.2
KIRLOSKAR BROTHERS LTD287.6033.119,521.5
TEGA INDUSTRIES LTD177.4554.089,595.8

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs JASH ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -484.00x
Max industry PE 93.67x
Median industry PE 34.60x
Average industry PE -2.23x



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