J.K. Cement Limited

NSEI:JKCEMENT Stock Report

Market Cap: ₹480.2b

J.K. Cement Valuation

Is JKCEMENT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JKCEMENT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹1.86k
Fair Value
234.9% overvalued intrinsic discount
26
Number of Analysts

Below Fair Value: JKCEMENT (₹6214) is trading above our estimate of fair value (₹1855.61)

Significantly Below Fair Value: JKCEMENT is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JKCEMENT?

Key metric: As JKCEMENT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JKCEMENT. This is calculated by dividing JKCEMENT's market cap by their current earnings.
What is JKCEMENT's PE Ratio?
PE Ratio48.3x
Earnings₹9.94b
Market Cap₹480.18b

Price to Earnings Ratio vs Peers

How does JKCEMENT's PE Ratio compare to its peers?

The above table shows the PE ratio for JKCEMENT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.5x
ACC ACC
10.6x-10.90%₹353.3b
DALBHARAT Dalmia Bharat
35x16.66%₹393.3b
RAMCOCEM Ramco Cements
77x35.20%₹246.8b
SHREECEM Shree Cement
59.4x17.17%₹1.0t
JKCEMENT J.K. Cement
48.3x20.83%₹480.2b

Price-To-Earnings vs Peers: JKCEMENT is expensive based on its Price-To-Earnings Ratio (48.3x) compared to the peer average (45.5x).

Price to Earnings Ratio vs Industry

How does JKCEMENT's PE Ratio compare vs other companies in the IN Basic Materials Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
513528 Glittek Granites
2.8xn/aUS$3.19m
No more companies available in this PE range
JKCEMENT 48.3xIndustry Avg. 34.3xNo. of Companies10PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JKCEMENT is expensive based on its Price-To-Earnings Ratio (48.3x) compared to the Indian Basic Materials industry average (34.3x).

Price to Earnings Ratio vs Fair Ratio

What is JKCEMENT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JKCEMENT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.3x
Fair PE Ratio34.4x

Price-To-Earnings vs Fair Ratio: JKCEMENT is expensive based on its Price-To-Earnings Ratio (48.3x) compared to the estimated Fair Price-To-Earnings Ratio (34.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JKCEMENT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹6,214.00
₹6,933.27
+11.57%
12.94%₹8,500.00₹3,350.00n/a26
Oct ’26₹6,305.00
₹6,765.11
+7.30%
15.83%₹8,500.00₹3,350.00n/a27
Sep ’26₹7,067.50
₹6,749.93
-4.49%
15.95%₹8,500.00₹3,350.00n/a27
Aug ’26₹6,681.50
₹6,653.63
-0.42%
15.17%₹7,700.00₹3,350.00n/a27
Jul ’26₹6,136.00
₹5,714.56
-6.87%
13.25%₹6,900.00₹3,160.00n/a25
Jun ’26₹5,497.50
₹5,714.56
+3.95%
13.25%₹6,900.00₹3,160.00n/a25
May ’26₹5,112.70
₹5,147.40
+0.68%
13.56%₹6,422.00₹2,875.00n/a25
Apr ’26₹4,932.40
₹5,063.46
+2.66%
12.73%₹5,841.00₹2,875.00n/a24
Mar ’26₹4,389.35
₹5,034.09
+14.69%
12.76%₹5,841.00₹2,875.00n/a23
Feb ’26₹4,725.10
₹5,047.00
+6.81%
12.50%₹5,841.00₹2,875.00n/a22
Jan ’26₹4,582.35
₹4,632.45
+1.09%
13.75%₹5,500.00₹2,475.00n/a22
Dec ’25₹4,278.25
₹4,610.86
+7.77%
13.63%₹5,500.00₹2,475.00n/a22
Nov ’25₹4,345.25
₹4,630.77
+6.57%
13.86%₹5,500.00₹2,475.00₹6,214.0022
Oct ’25₹4,621.55
₹4,677.05
+1.20%
13.97%₹5,700.00₹2,700.00₹6,305.0021
Sep ’25₹4,453.90
₹4,655.62
+4.53%
13.53%₹5,700.00₹2,700.00₹7,067.5021
Aug ’25₹4,421.80
₹4,679.23
+5.82%
13.35%₹5,700.00₹2,700.00₹6,681.5022
Jul ’25₹4,469.20
₹4,500.32
+0.70%
14.07%₹5,700.00₹2,800.00₹6,136.0022
Jun ’25₹3,872.25
₹4,484.41
+15.81%
13.85%₹5,700.00₹2,800.00₹5,497.5022
May ’25₹3,999.50
₹4,441.50
+11.05%
15.32%₹5,700.00₹2,800.00₹5,112.7022
Apr ’25₹4,283.10
₹4,384.36
+2.36%
15.22%₹5,700.00₹2,800.00₹4,932.4022
Mar ’25₹4,501.00
₹4,386.64
-2.54%
15.09%₹5,700.00₹2,850.00₹4,389.3522
Feb ’25₹4,406.90
₹4,292.33
-2.60%
16.64%₹5,700.00₹2,820.00₹4,725.1021
Jan ’25₹3,827.20
₹3,658.71
-4.40%
14.55%₹4,500.00₹2,293.00₹4,582.3521
Dec ’24₹3,661.50
₹3,598.71
-1.71%
13.49%₹4,461.00₹2,293.00₹4,278.2521
Nov ’24₹3,087.95
₹3,365.00
+8.97%
13.80%₹4,000.00₹2,293.00₹4,345.2522
₹6.93k
Fair Value
10.4% undervalued intrinsic discount
26
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/01 16:22
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

J.K. Cement Limited is covered by 54 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited