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Janus (BOM:542924) PE Ratio

: 29.31 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2023-06-05), Janus's share price is ₹3.81. Janus's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was ₹0.13. Therefore, Janus's PE Ratio for today is 29.31.


The historical rank and industry rank for Janus's PE Ratio or its related term are showing as below:

BOM:542924' s PE Ratio Range Over the Past 10 Years
Min: 16.14   Med: 52.42   Max: 464.79
Current: 29.31


During the past 6 years, the highest PE Ratio of Janus was 464.79. The lowest was 16.14. And the median was 52.42.


BOM:542924's PE Ratio is ranked worse than
75.7% of 284 companies
in the Building Materials industry
Industry Median: 14.51 vs BOM:542924: 29.31

Janus's Earnings per Share (Diluted) for the six months ended in Sep. 2022 was ₹0.06. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was ₹0.13.

As of today (2023-06-05), Janus's share price is ₹3.81. Janus's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2022 was ₹0.13. Therefore, Janus's PE Ratio without NRI for today is 29.31.

During the past 6 years, Janus's highest PE Ratio without NRI was 464.79. The lowest was 16.14. And the median was 52.42.

Janus's EPS without NRI for the six months ended in Sep. 2022 was ₹0.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2022 was ₹0.13.

During the past 12 months, Janus's average EPS without NRI Growth Rate was -11.60% per year. During the past 3 years, the average EPS without NRI Growth Rate was -21.90% per year. During the past 5 years, the average EPS without NRI Growth Rate was -10.00% per year.

During the past 6 years, Janus's highest 3-Year average EPS without NRI Growth Rate was 27.40% per year. The lowest was -21.90% per year. And the median was -11.90% per year.

Janus's EPS (Basic) for the six months ended in Sep. 2022 was ₹0.06. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2022 was ₹0.13.


Janus PE Ratio Historical Data

The historical data trend for Janus's 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.

* Premium members only.

Janus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
PE Ratio
Premium Member Only N/A N/A 34.26 464.79 27.69

Janus Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 464.79 At Loss 27.69 At Loss

Competitive Comparison

For the Building Materials subindustry, Janus's PE Ratio, along with its competitors' market caps and 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.

   

Janus PE Ratio Distribution

For the Building Materials industry and Basic Materials sector, Janus's PE Ratio distribution charts can be found below:

* The bar in red indicates where Janus's PE Ratio falls in comparison to its industry or sector. The grey bar indicates the PE Ratio's extreme value range as defined by GuruFocus.



Janus PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Janus's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=3.81/0.130
=29.31

Janus's Share Price of today is ₹3.81.
For company reported semi-annually, Janus's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.13.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Janus  (BOM:542924) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Janus PE Ratio Related Terms

Thank you for viewing the detailed overview of Janus's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Janus (BOM:542924) Business Description

Janus logo
Traded in Other Exchanges
N/A
Address
M Sunderji Road, B-704, Prakriti Apartments, K K W Mill Compound, Thane (West), Thane, MH, IND, 400053
Janus Corp Ltd is engaged in the provision of civil construction, land and site development, landfilling, fencing walls, erection of hoardings, and in the trading of various construction related materials such as cement, iron & steel, sand, soil, aluminum. It is also engaged in Media and Consulting, hospitality support services, and trading of agro products.

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