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JINDAL POLY FILMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL POLY FILMS is -8.54.

Share Price ₹570.6Apr 24,2024
Market Cap ₹2,499.0 Cr
Earnings-TTM₹-292.7 CrTTM-Consolidated Results
Price/Earnings-8.54xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JINDAL POLY FILMS

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 JINDAL POLY FILMS is calculated as :

Current Market Cap [ ₹2,499.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹-292.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -8.54x ]

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

Thus, for JINDAL POLY FILMS , the investors are currently willing to pay -8.54 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 JINDAL POLY FILMS !

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 JINDAL POLY FILMS over the last five years.

Historical PE (Price/Earnings) ratio chart of JINDAL POLY FILMS


PE Ratio Performance Analysis for JINDAL POLY FILMS

- JINDAL POLY FILMS 's latest p/e ratio is -8.54x.

- JINDAL POLY FILMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.37x.

- JINDAL POLY FILMS 's operated at median p/e ratio of 4.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL POLY FILMS 's p/e ratio peaked in Mar2023 at 6.88x.

- JINDAL POLY FILMS 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does JINDAL POLY FILMS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JINDAL POLY FILMS -292.73-8.542,499.0
ASTRAL LTD564.8094.6253,440.7
SUPREME INDUSTRIES LTD959.0556.2753,968.0
FINOLEX INDUSTRIES LTD433.6039.2417,013.5
RESPONSIVE INDUSTRIES LTD138.1356.187,759.6
PRINCE PIPES AND FITTINGS LTD222.0031.266,938.8
EPL LTD276.9020.155,579.6
JAI CORP LTD-9.29-611.225,678.3
TIME TECHNOPLAST LTD286.8422.186,360.8
GARWARE HITECH FILMS LTD188.5521.694,090.1
JAIN IRRIGATION SYSTEMS LTD-43.94-91.814,034.2

Plastic Products Industry Benchmark (Top 10) PE Analysis vs JINDAL POLY FILMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -611.22x
Max industry PE 94.62x
Median industry PE 22.18x
Average industry PE -33.64x



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