Jerash Holdings (US), Inc. (JRSH) Financial Ratios
11 years of historical data (2014–2024) · Consumer Cyclical · Apparel - Manufacturers
EV/EBITDA
↑
7.65
+16% vs avg
5yr avg: 6.58
30Y Low3.4·High9.9
P/FCF
↓
N/A
—
5yr avg: 15.72
30Y Low9.3·High26.1
P/B Ratio
↓
0.68
↓-24% vs avg
5yr avg: 0.90
30Y Low0.6·High1.7
ROE
↓
-1.3%
↑-135% vs avg
5yr avg: 3.8%
30Y Low-3%·High74%
Debt/EBITDA
↑
1.09
↑+184% vs avg
5yr avg: 0.38
30Y Low0.1·High1.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
JRSH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Jerash Holdings (US), Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $44M | $42M | $38M | $60M | $76M | $71M | $58M | $84M | — | — | — |
| Enterprise Value | $36M | $34M | $26M | $43M | $53M | $51M | $33M | $57M | — | — | — |
| P/E Ratio → | -50.73 | — | — | 24.74 | 9.58 | 17.03 | 8.93 | 16.38 | — | — | — |
| P/S Ratio | 0.30 | 0.29 | 0.32 | 0.43 | 0.53 | 0.79 | 0.63 | 0.98 | — | — | — |
| P/B Ratio | 0.68 | 0.67 | 0.58 | 0.87 | 1.10 | 1.27 | 1.06 | 1.66 | — | — | — |
| P/FCF | — | — | — | 11.91 | 19.54 | — | 26.07 | 9.29 | — | — | — |
| P/OCF | 32.48 | 30.72 | 15.14 | 5.51 | 8.52 | — | 8.43 | 8.54 | — | — | — |
P/E links to full P/E history page with 30-year chart
JRSH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Jerash Holdings (US), Inc.'s enterprise value stands at 7.7x EBITDA, 16% above its 5-year average of 6.6x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 33% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.23 | 0.22 | 0.31 | 0.37 | 0.57 | 0.35 | 0.67 | — | — | — |
| EV / EBITDA | 7.65 | 7.14 | 9.94 | 5.43 | 3.93 | 6.47 | 3.41 | 7.49 | — | — | — |
| EV / EBIT | 24.96 | 18.02 | — | 8.77 | 5.04 | 9.54 | 4.30 | 8.94 | — | — | — |
| EV / FCF | — | — | — | 8.51 | 13.51 | — | 14.76 | 6.34 | — | — | — |
JRSH Profitability
Margins and return-on-capital ratios measuring operating efficiency
Jerash Holdings (US), Inc. earns an operating margin of 1.0%, roughly in line with the Consumer Cyclical sector average. Operating margins have compressed from 3.2% to 1.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -1.3% indicates the company is currently destroying shareholder equity. ROIC of 2.0% represents below-average returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.3% | 15.3% | 14.4% | 15.8% | 19.1% | 17.7% | 19.3% | 22.1% | 25.9% | 24.8% | 24.1% |
| Operating Margin | 1.0% | 1.0% | -0.6% | 3.2% | 7.3% | 6.0% | 8.2% | 7.5% | 17.1% | 17.2% | 17.3% |
| Net Profit Margin | -0.6% | -0.6% | -1.7% | 1.8% | 5.5% | 4.6% | 7.0% | 6.0% | 15.0% | 17.2% | 17.3% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.3% | -1.3% | -3.0% | 3.5% | 12.6% | 7.5% | 12.3% | 12.1% | 37.1% | 55.2% | 74.4% |
| ROA | -1.0% | -1.0% | -2.4% | 2.9% | 10.0% | 5.9% | 10.2% | 10.0% | 27.0% | 36.3% | 39.8% |
| ROIC | 2.0% | 2.0% | -1.0% | 6.8% | 19.1% | 12.3% | 21.6% | 19.0% | 39.6% | 49.7% | 72.8% |
| ROCE | 2.2% | 2.2% | -1.0% | 6.3% | 16.2% | 9.4% | 14.2% | 14.6% | 41.3% | 55.2% | 74.4% |
JRSH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Jerash Holdings (US), Inc. carries a Debt/EBITDA ratio of 1.1x, which is manageable (75% below the sector average of 4.4x). The company holds a net cash position — cash of $13M exceeds total debt of $5M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.08 | 0.08 | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 | 0.01 | 0.03 | — | — |
| Debt / EBITDA | 1.09 | 1.09 | 0.38 | 0.10 | 0.12 | 0.24 | 0.09 | 0.09 | 0.08 | — | — |
| Net Debt / Equity | — | -0.13 | -0.18 | -0.25 | -0.34 | -0.35 | -0.46 | -0.53 | -0.22 | -0.17 | -0.17 |
| Net Debt / EBITDA | -1.74 | -1.74 | -4.34 | -2.17 | -1.75 | -2.51 | -2.62 | -3.49 | -0.58 | -0.30 | -0.28 |
| Debt / FCF | — | — | — | -3.41 | -6.03 | — | -11.31 | -2.95 | -1.78 | -0.51 | — |
| Interest Coverage | 0.84 | 0.84 | -0.55 | 5.75 | 49.81 | — | — | — | — | — | — |
Net cash position: cash ($13M) exceeds total debt ($5M)
JRSH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Jerash Holdings (US), Inc.'s current ratio of 2.75x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.01x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.97x to 2.75x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.75 | 2.75 | 3.45 | 3.97 | 4.94 | 4.36 | 5.44 | 7.30 | 4.65 | 2.55 | 2.48 |
| Quick Ratio | 1.01 | 1.01 | 1.39 | 1.60 | 2.85 | 2.47 | 3.15 | 4.46 | 1.95 | 0.93 | 0.49 |
| Cash Ratio | 0.67 | 0.67 | 0.84 | 1.23 | 1.82 | 1.47 | 2.41 | 3.58 | 1.09 | 0.31 | 0.34 |
| Asset Turnover | — | 1.72 | 1.46 | 1.65 | 1.68 | 1.23 | 1.38 | 1.43 | 1.60 | 1.83 | 2.10 |
| Inventory Turnover | 3.60 | 3.60 | 3.31 | 3.40 | 3.93 | 2.64 | 3.03 | 3.08 | 2.40 | 2.44 | 2.42 |
| Days Sales Outstanding | — | 7.70 | 16.87 | 6.20 | 29.09 | 50.22 | 20.94 | 17.27 | 27.90 | 36.18 | — |
JRSH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Jerash Holdings (US), Inc. returns 5.7% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.7% | 5.9% | 6.5% | 4.2% | 3.1% | 3.2% | 3.9% | 1.4% | — | — | — |
| Payout Ratio | — | — | — | 102.7% | 29.9% | 54.6% | 35.0% | 22.2% | — | 49.6% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 4.0% | 10.4% | 5.9% | 11.2% | 6.1% | — | — | — |
| FCF Yield | — | — | — | 8.4% | 5.1% | — | 3.8% | 10.8% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 5.7% | 5.9% | 6.5% | 6.1% | 3.1% | 3.2% | 3.9% | 1.4% | — | — | — |
| Shares Outstanding | — | $12M | $12M | $13M | $12M | $11M | $11M | $11M | $11M | $13M | $13M |
Peer Comparison
Compare JRSH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 JRSHYou | $44M | -50.7 | 7.7 | — | 15.3% | 1.0% | -1.3% | 2.0% | 1.1 |
 GIII | $1B | 21.2 | 5.1 | — | 39.4% | 5.3% | 3.9% | 7.5% | 0.1 |
 CATO | $52M | -3.0 | — | — | 31.3% | -4.2% | -10.5% | -6.7% | — |
 DXLG | $36M | -1.0 | — | 19.5 | 43.4% | -4.2% | -28.8% | -6.8% | — |
 LAKE | $94M | -4.0 | — | — | 41.1% | -5.5% | -13.4% | -5.1% | — |
 RCKY | $273M | 12.2 | 8.4 | 28.1 | 40.9% | 7.7% | 9.2% | 7.6% | 2.6 |
 HBI | $2B | -7.1 | 16.6 | 10.1 | 38.8% | 5.3% | -141.4% | 4.5% | 9.2 |
 PVH | $4B | 8.7 | 6.8 | 7.2 | 59.4% | 8.5% | 11.7% | 7.0% | 3.3 |
 RL | $50B | 32.1 | 44.4 | 49.5 | 68.6% | 13.2% | 29.5% | 20.6% | 2.3 |
 VFC | $8B | -39.6 | 22.3 | 22.4 | 53.5% | 3.2% | -8.6% | 2.7% | 9.5 |
 UA | $1B | -13.3 | — | — | 47.9% | -3.6% | -10.0% | -5.1% | — |
| Consumer Cyclical Median | — | 19.6 | 11.4 | 15.0 | 36.9% | 2.9% | 5.6% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
See JRSH's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs JRSH Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare JRSH vs GIII
Side-by-side business, growth, and profitability comparison vs G-III Apparel Group, Ltd..
Start ComparisonJRSH — Frequently Asked Questions
Quick answers to the most common questions about buying JRSH stock.
What is Jerash Holdings (US), Inc.'s P/E ratio?
Jerash Holdings (US), Inc.'s current P/E ratio is -50.7x. The historical average is 15.3x.
What is Jerash Holdings (US), Inc.'s EV/EBITDA?
Jerash Holdings (US), Inc.'s current EV/EBITDA is 7.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.3x.
What is Jerash Holdings (US), Inc.'s ROE?
Jerash Holdings (US), Inc.'s return on equity (ROE) is -1.3%. The historical average is 24.8%.
Is JRSH stock overvalued?
Based on historical data, Jerash Holdings (US), Inc. is trading at a P/E of -50.7x. Compare with industry peers and growth rates for a complete picture.
What is Jerash Holdings (US), Inc.'s dividend yield?
Jerash Holdings (US), Inc.'s current dividend yield is 5.71%.
What are Jerash Holdings (US), Inc.'s profit margins?
Jerash Holdings (US), Inc. has 15.3% gross margin and 1.0% operating margin.
How much debt does Jerash Holdings (US), Inc. have?
Jerash Holdings (US), Inc.'s Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.