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JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA is -24.67.

Share Price ₹1,139.2Apr 18,2024
Market Cap ₹3,098.6 Cr
Earnings-TTM₹-125.6 CrTTM-Standalone Results
Price/Earnings-24.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA

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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA is calculated as :

Current Market Cap [ ₹3,098.6 Cr] as on Apr 18,2024

(/) Earnings [ ₹-125.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -24.67x ]

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

Thus, for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA , the investors are currently willing to pay -24.67 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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA !

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 JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA


PE Ratio Performance Analysis for JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's latest p/e ratio is -24.67x.

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 130.07x.

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's operated at median p/e ratio of 70.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio peaked in Mar2022 at 298.08x.

- JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/E Ratio benchmark against top 10 peers in Air Conditioners Industry?

Peer Comparison (Air Conditioners Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA -125.59-24.673,098.6
VOLTAS LTD409.16104.4842,750.3
BLUE STAR LTD478.4860.2528,826.2
AMBER ENTERPRISES INDIA LTD148.5481.5212,108.7

Air Conditioners Industry Benchmark (Top 10) PE Analysis vs JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -24.67x
Max industry PE 104.48x
Median industry PE 81.52x
Average industry PE 55.39x



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