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SHRI JAGDAMBA POLYMERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHRI JAGDAMBA POLYMERS is 17.59.

Share Price ₹607.0May 10,2024
Market Cap ₹534.1 Cr
Earnings-TTM₹30.4 CrTTM-Standalone Results
Price/Earnings17.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHRI JAGDAMBA POLYMERS

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 SHRI JAGDAMBA POLYMERS is calculated as :

Current Market Cap [ ₹534.1 Cr] as on May 10,2024

(/) Earnings [ ₹30.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 17.59x ]

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

Thus, for SHRI JAGDAMBA POLYMERS , the investors are currently willing to pay 17.59 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 SHRI JAGDAMBA POLYMERS !

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 SHRI JAGDAMBA POLYMERS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHRI JAGDAMBA POLYMERS


PE Ratio Performance Analysis for SHRI JAGDAMBA POLYMERS

- SHRI JAGDAMBA POLYMERS 's latest p/e ratio is 17.59x.

- SHRI JAGDAMBA POLYMERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.67x.

- SHRI JAGDAMBA POLYMERS 's operated at median p/e ratio of 10.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHRI JAGDAMBA POLYMERS 's p/e ratio peaked in Mar2022 at 14.86x.

- SHRI JAGDAMBA POLYMERS 's p/e ratio hit its five-year low in Mar2020 of 3.7x.


How does SHRI JAGDAMBA POLYMERS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHRI JAGDAMBA POLYMERS 30.3617.59534.1
ASTRAL LTD564.80102.7158,012.7
SUPREME INDUSTRIES LTD962.8669.5867,000.3
FINOLEX INDUSTRIES LTD435.3738.9716,966.9
RESPONSIVE INDUSTRIES LTD138.1355.747,699.7
PRINCE PIPES AND FITTINGS LTD222.0031.807,060.4
EPL LTD276.9021.906,063.5
JAI CORP LTD-9.29-562.625,226.8
TIME TECHNOPLAST LTD286.8420.946,006.8
GARWARE HITECH FILMS LTD188.5520.033,777.4
JAIN IRRIGATION SYSTEMS LTD-43.94-104.254,580.8

Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHRI JAGDAMBA POLYMERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -562.62x
Max industry PE 102.71x
Median industry PE 21.90x
Average industry PE -26.15x



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