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JK Cement (NSE:JKCEMENT) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
JK Cement Forward PE Ratio Related Terms
JK Cement Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for JK Cement's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JK Cement Forward PE Ratio Chart
JK Cement Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
37.09
30.36
JK Cement Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
34.10
37.09
45.26
43.29
32.27
30.36
38.71
NSE:JKCEMENT vs CRH, VMC, MLM: Forward PE Ratio Comparison
For the Building Materials subindustry, JK Cement's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JK Cement Forward PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, JK Cement's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where JK Cement's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
JK Cement (NSE:JKCEMENT) has a Forward PE Ratio of 38.03 as of Aug. 15, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on JK Cement and its competitors. According to the industry distribution chart, JK Cement ranks #136 out of 158 companies in the Building Materials industry, placing it in the top 86.1%.
Is JK Cement's Forward PE Ratio too high?
JK Cement's current Forward PE Ratio is 38.03. The Building Materials industry median Forward PE Ratio is 13.45. JK Cement's value of 38.03 is 182.8% above this industry median. Based on the distribution chart, JK Cement ranks #136 out of 158 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, JK Cement has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JK Cement's Forward PE Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, JK Cement ranks #136 out of 158 companies for Forward PE Ratio. This places JK Cement in the lower half of its industry. The industry median Forward PE Ratio is 13.45. JK Cement's value of 38.03 is 182.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Building Materials company?
The median Forward PE Ratio among Building Materials companies is 13.45, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JK Cement's current Forward PE Ratio of 38.03 is 182.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on JK Cement and its competitors. For the Building Materials industry, the median Forward PE Ratio is 13.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JK Cement's current Forward PE Ratio is 38.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JK Cement stock overvalued right now?
Based on GuruFocus' analysis, JK Cement (NSE:JKCEMENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,953.43, compared to a current price of ₹5,306.50 — trading 10.9% below its estimated fair value. The current Forward PE Ratio is 38.03 and 182.8% above the Building Materials industry median of 13.45. JK Cement's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For JK Cement (NSE:JKCEMENT), the current Forward PE Ratio is 38.03 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JK Cement (NSE:JKCEMENT) Overvalued in 2026?
Based on GuruFocus' analysis, JK Cement stock appears to be undervalued.
The current stock price of ₹5,306.50 is trading 10.9% below its estimated GF Value™ of ₹5,953.43.
GuruFocus considers JK Cement to be Modestly Undervalued.
Key valuation signals for NSE:JKCEMENT:
Forward PE Ratio: 38.03
GF Value™: ₹5,953.43 vs. price of ₹5,306.50 (10.9% below fair value)
Industry Position: 182.8% above the Building Materials median (#136 of 158)
No single metric tells the full story. See the NSE:JKCEMENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JK Cement Ltd is a building materials holding company. The company manufactures cement and cement-related products that mainly consist of grey and white cement. JK Cement's grey cement includes both Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC). The white cement offerings include JK White Cement, as well as cement-based JK Wall Putty, JK Waterproof, and JK Primaxx. JK Cement's wall putty is used as a plaster for walls and ceilings, while JK Waterproof is a water-repellent powder. It has one reportable segment for the company which is "Cement". The company generates the vast majority of its revenue in India.
89GF Score
Get the complete analysis for NSE:JKCEMENT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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