JINDAL POLY FILMS
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The Current P/E Ratio of JINDAL POLY FILMS is -8.54.
Share Price | ₹570.6 | Apr 24,2024 |
Market Cap | ₹2,499.0 Cr | |
Earnings-TTM | ₹-292.7 Cr | TTM-Consolidated Results |
Price/Earnings | -8.54x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL POLY FILMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
JINDAL POLY FILMS | -292.73 | -8.54 | 2,499.0 |
ASTRAL LTD | 564.80 | 94.62 | 53,440.7 |
SUPREME INDUSTRIES LTD | 959.05 | 56.27 | 53,968.0 |
FINOLEX INDUSTRIES LTD | 433.60 | 39.24 | 17,013.5 |
RESPONSIVE INDUSTRIES LTD | 138.13 | 56.18 | 7,759.6 |
PRINCE PIPES AND FITTINGS LTD | 222.00 | 31.26 | 6,938.8 |
EPL LTD | 276.90 | 20.15 | 5,579.6 |
JAI CORP LTD | -9.29 | -611.22 | 5,678.3 |
TIME TECHNOPLAST LTD | 286.84 | 22.18 | 6,360.8 |
GARWARE HITECH FILMS LTD | 188.55 | 21.69 | 4,090.1 |
JAIN IRRIGATION SYSTEMS LTD | -43.94 | -91.81 | 4,034.2 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs JINDAL POLY FILMS 's P/E Ratio
Top 10 Industry Peers | PE 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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