INDIAN RAILWAY CATERING AND TOURISM CORPORATION
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The Current P/E Ratio of INDIAN RAILWAY CATERING AND TOURISM CORPORATION is 53.96.
Share Price | ₹809.3 | Nov 22,2024 |
Market Cap | ₹64,744.0 Cr | |
Earnings-TTM | ₹1,199.9 Cr | TTM-Standalone Results |
Price/Earnings | 53.96x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN RAILWAY CATERING AND TOURISM CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹64,744.0 Cr] as on Nov 22,2024
(/) Earnings [ ₹1,199.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 53.96x ]
Thus, for INDIAN RAILWAY CATERING AND TOURISM CORPORATION , the investors are currently willing to pay 53.96 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 INDIAN RAILWAY CATERING AND TOURISM CORPORATION !
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 INDIAN RAILWAY CATERING AND TOURISM CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN RAILWAY CATERING AND TOURISM CORPORATION
PE Ratio Performance Analysis for INDIAN RAILWAY CATERING AND TOURISM CORPORATION
- INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 48.53x.
- INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's operated at median p/e ratio of 45.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's p/e ratio peaked in Mar2022 at 93.95x.
- INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 6.13x.
How does INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's P/E Ratio benchmark against top 10 peers in Travel Services Industry?
Peer Comparison (Travel Services Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN RAILWAY CATERING AND TOURISM CORPORATION | 1,199.86 | 53.96 | 64,744.0 |
EASY TRIP PLANNERS LTD | 91.33 | 62.11 | 5,672.3 |
THOMAS COOK (INDIA) LTD | 290.74 | 32.03 | 9,311.2 |
YATRA ONLINE LTD | 17.98 | 91.96 | 1,653.1 |
INTERNATIONAL TRAVEL HOUSE LTD | 25.20 | 19.75 | 497.8 |
TRANSCORP INTERNATIONAL LTD | -1.91 | -57.03 | 108.9 |
Travel Services Industry Benchmark (Top 10) PE Analysis vs INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -57.03x |
Max industry PE | 91.96x |
Median industry PE | 53.96x |
Average industry PE | 33.80x |
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