Home > PE Ratio > JOSTS ENGINEERING COMPANY

JOSTS ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of JOSTS ENGINEERING COMPANY is 57.45.

Share Price ₹1,015.4Apr 25,2024
Market Cap ₹497.5 Cr
Earnings-TTM₹8.7 CrTTM-Consolidated Results
Price/Earnings57.45xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for JOSTS ENGINEERING COMPANY
Please provide your vote to see the results
JOSTS ENGINEERING COMPANY is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of JOSTS ENGINEERING 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 JOSTS ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹497.5 Cr] as on Apr 25,2024

(/) Earnings [ ₹8.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 57.45x ]

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

Thus, for JOSTS ENGINEERING COMPANY , the investors are currently willing to pay 57.45 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 JOSTS ENGINEERING 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 JOSTS ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of JOSTS ENGINEERING COMPANY


PE Ratio Performance Analysis for JOSTS ENGINEERING COMPANY

- JOSTS ENGINEERING COMPANY 's latest p/e ratio is 57.45x.

- JOSTS ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.03x.

- JOSTS ENGINEERING COMPANY 's operated at median p/e ratio of 6.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JOSTS ENGINEERING COMPANY 's p/e ratio peaked in Mar2020 at 19.19x.

- JOSTS ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2021 of 2.7x.


How does JOSTS ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JOSTS ENGINEERING COMPANY 8.6657.45497.5
BHARAT ELECTRONICS LTD3,523.8349.31173,753.0
BHARAT HEAVY ELECTRICALS LTD-183.06-516.6294,572.8
THERMAX LTD612.4783.7751,308.1
TRIVENI TURBINE LTD249.2667.7316,882.4
KIRLOSKAR OIL ENGINES LTD370.4137.3313,827.7
ELECON ENGINEERING COMPANY LTD349.1836.6912,811.0
PRAJ INDUSTRIES LTD279.5734.059,518.8
SHRIRAM PISTONS & RINGS LTD413.6021.899,052.0
KIRLOSKAR BROTHERS LTD287.6036.7310,563.4
TEGA INDUSTRIES LTD177.4557.0410,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs JOSTS ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -516.62x
Max industry PE 83.77x
Median industry PE 37.33x
Average industry PE -3.15x



You may also like the below Video Courses