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JINDAL POLY INVESTMENT AND FINANCE COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL POLY INVESTMENT AND FINANCE COMPANY is 2.98.

Share Price ₹685.1May 17,2024
Market Cap ₹719.3 Cr
Earnings-TTM₹241.1 CrTTM-Consolidated Results
Price/Earnings2.98xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JINDAL POLY INVESTMENT AND FINANCE COMPANY

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 INVESTMENT AND FINANCE COMPANY is calculated as :

Current Market Cap [ ₹719.3 Cr] as on May 17,2024

(/) Earnings [ ₹241.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 2.98x ]

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

Thus, for JINDAL POLY INVESTMENT AND FINANCE COMPANY , the investors are currently willing to pay 2.98 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 INVESTMENT AND FINANCE COMPANY !

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 INVESTMENT AND FINANCE COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of JINDAL POLY INVESTMENT AND FINANCE COMPANY


PE Ratio Performance Analysis for JINDAL POLY INVESTMENT AND FINANCE COMPANY

- JINDAL POLY INVESTMENT AND FINANCE COMPANY 's latest p/e ratio is 2.98x.

- JINDAL POLY INVESTMENT AND FINANCE COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.41x.

- JINDAL POLY INVESTMENT AND FINANCE COMPANY '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, JINDAL POLY INVESTMENT AND FINANCE COMPANY 's p/e ratio peaked in Mar2023 at 1.66x.

- JINDAL POLY INVESTMENT AND FINANCE COMPANY 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does JINDAL POLY INVESTMENT AND FINANCE COMPANY 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JINDAL POLY INVESTMENT AND FINANCE COMPANY 241.122.98719.3
BAJAJ FINSERV LTD15,587.3016.22252,805.0
CHOLAMANDALAM FINANCIAL HOLDINGS LTD3,838.485.4921,063.9
CAPRI GLOBAL CAPITAL LTD279.4165.7818,379.7
AUTHUM INVESTMENT & INFRASTRUCTURE LTD4,685.403.2315,112.8
IIFL FINANCE LTD2,001.128.4716,947.4
KAMA HOLDINGS LTD1,481.835.438,050.7
JSW HOLDINGS LTD116.5960.407,042.3
RELIGARE ENTERPRISES LTD3,683.541.967,230.6
JM FINANCIAL LTD734.9510.617,801.5
SUNDARAM FINANCE HOLDINGS LTD36.45154.285,623.7

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs JINDAL POLY INVESTMENT AND FINANCE COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 1.96x
Max industry PE 154.28x
Median industry PE 8.47x
Average industry PE 30.44x



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