JOCIL
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The Current P/E Ratio of JOCIL is 47.54.
Share Price | ₹169.1 | Mar 28,2024 |
Market Cap | ₹150.5 Cr | |
Earnings-TTM | ₹3.2 Cr | TTM-Standalone Results |
Price/Earnings | 47.54x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JOCIL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹150.5 Cr] as on Mar 28,2024
(/) Earnings [ ₹3.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 47.54x ]
Thus, for JOCIL , the investors are currently willing to pay 47.54 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 JOCIL !
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 JOCIL over the last five years.
Historical PE (Price/Earnings) ratio chart of JOCIL
PE Ratio Performance Analysis for JOCIL
- JOCIL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.91x.
- JOCIL 's operated at median p/e ratio of 13.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JOCIL 's p/e ratio peaked in Mar2019 at 31.03x.
- JOCIL 's p/e ratio hit its five-year low in Mar2020 of 6.58x.
How does JOCIL 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JOCIL | 3.17 | 47.54 | 150.5 |
PIDILITE INDUSTRIES LTD | 1,732.52 | 88.50 | 153,333.0 |
SOLAR INDUSTRIES INDIA LTD | 855.54 | 92.93 | 79,505.0 |
SRF LTD | 1,475.95 | 51.36 | 75,812.1 |
GUJARAT FLUOROCHEMICALS LTD | 665.87 | 51.10 | 34,024.9 |
DEEPAK NITRITE LTD | 790.87 | 36.59 | 28,937.8 |
TATA CHEMICALS LTD | 1,891.00 | 14.56 | 27,529.0 |
GODREJ INDUSTRIES LTD | 625.20 | 42.03 | 26,275.3 |
AARTI INDUSTRIES LTD | 434.00 | 55.66 | 24,155.5 |
ATUL LTD | 349.63 | 48.32 | 16,894.3 |
VINATI ORGANICS LTD | 359.71 | 42.39 | 15,249.2 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs JOCIL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 14.56x |
Max industry PE | 92.93x |
Median industry PE | 48.32x |
Average industry PE | 51.91x |
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