JCT
|
The Current P/E Ratio of JCT is -2.01.
Share Price | ₹2.8 | Apr 16,2024 |
Market Cap | ₹246.6 Cr | |
Earnings-TTM | ₹-122.9 Cr | TTM-Standalone Results |
Price/Earnings | -2.01x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JCT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹246.6 Cr] as on Apr 16,2024
(/) Earnings [ ₹-122.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -2.01x ]
Thus, for JCT , the investors are currently willing to pay -2.01 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 JCT !
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 JCT over the last five years.
Historical PE (Price/Earnings) ratio chart of JCT
PE Ratio Performance Analysis for JCT
- JCT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.55x.
- JCT 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JCT 's p/e ratio peaked in Mar2022 at 36.63x.
- JCT 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does JCT 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JCT | -122.85 | -2.01 | 246.6 |
PAGE INDUSTRIES LTD | 539.34 | 73.83 | 39,818.3 |
KPR MILL LTD | 801.29 | 35.49 | 28,437.2 |
VEDANT FASHIONS LTD | 407.25 | 53.98 | 21,983.4 |
SWAN ENERGY LTD | 646.46 | 30.69 | 19,840.2 |
WELSPUN LIVING LTD | 671.22 | 21.21 | 14,237.0 |
ALOK INDUSTRIES LTD | -927.48 | -14.66 | 13,599.8 |
VARDHMAN TEXTILES LTD | 557.59 | 24.19 | 13,487.1 |
ARVIND LTD | 340.74 | 23.83 | 8,121.0 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 33.89 | 6,722.6 |
JINDAL WORLDWIDE LTD | 74.01 | 89.67 | 6,636.2 |
Textile Industry Benchmark (Top 10) PE Analysis vs JCT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -14.66x |
Max industry PE | 89.67x |
Median industry PE | 30.69x |
Average industry PE | 33.65x |
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