JTEKT INDIA
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The Current P/E Ratio of JTEKT INDIA is 48.21.
Share Price | ₹171.2 | Apr 19,2024 |
Market Cap | ₹4,352.3 Cr | |
Earnings-TTM | ₹90.3 Cr | TTM-Consolidated Results |
Price/Earnings | 48.21x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JTEKT INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,352.3 Cr] as on Apr 19,2024
(/) Earnings [ ₹90.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 48.21x ]
Thus, for JTEKT INDIA , the investors are currently willing to pay 48.21 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 JTEKT 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 JTEKT INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of JTEKT INDIA
PE Ratio Performance Analysis for JTEKT INDIA
- JTEKT INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 65.02x.
- JTEKT INDIA 's operated at median p/e ratio of 36.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JTEKT INDIA 's p/e ratio peaked in Mar2021 at 175.56x.
- JTEKT INDIA 's p/e ratio hit its five-year low in Mar2023 of 31.04x.
How does JTEKT INDIA 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JTEKT INDIA | 90.28 | 48.21 | 4,352.3 |
BOSCH LTD | 2,324.70 | 37.78 | 87,818.4 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 40.28 | 86,128.3 |
SONA BLW PRECISION FORGINGS LTD | 489.51 | 81.63 | 39,960.6 |
UNO MINDA LTD | 665.44 | 62.51 | 41,598.9 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 63.93 | 26,047.2 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 42.68 | 25,896.7 |
JBM AUTO LTD | 157.18 | 131.42 | 20,656.6 |
TVS HOLDINGS LTD | 1,761.18 | 9.45 | 16,640.3 |
MINDA CORPORATION LTD | 279.60 | 34.58 | 9,668.4 |
CRAFTSMAN AUTOMATION LTD | 346.36 | 26.32 | 9,116.9 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs JTEKT INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.45x |
Max industry PE | 131.42x |
Median industry PE | 42.68x |
Average industry PE | 52.62x |
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