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JOCIL
PE (Price/Earnings) Ratio

The Current P/E Ratio of JOCIL is 47.54.

Share Price ₹169.1Mar 28,2024
Market Cap ₹150.5 Cr
Earnings-TTM₹3.2 CrTTM-Standalone Results
Price/Earnings47.54xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JOCIL

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 JOCIL is calculated as :

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 ]

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

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 latest p/e ratio is 47.54x.

- 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 RatioMarket Cap
JOCIL 3.1747.54150.5
PIDILITE INDUSTRIES LTD1,732.5288.50153,333.0
SOLAR INDUSTRIES INDIA LTD855.5492.9379,505.0
SRF LTD1,475.9551.3675,812.1
GUJARAT FLUOROCHEMICALS LTD665.8751.1034,024.9
DEEPAK NITRITE LTD790.8736.5928,937.8
TATA CHEMICALS LTD1,891.0014.5627,529.0
GODREJ INDUSTRIES LTD625.2042.0326,275.3
AARTI INDUSTRIES LTD434.0055.6624,155.5
ATUL LTD349.6348.3216,894.3
VINATI ORGANICS LTD359.7142.3915,249.2

Chemicals Industry Benchmark (Top 10) PE Analysis vs JOCIL 's P/E Ratio

Top 10 Industry PeersPE 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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