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INDIAN RAILWAY CATERING AND TOURISM CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIAN RAILWAY CATERING AND TOURISM CORPORATION is 54.15.

Share Price ₹812.2Nov 25,2024
Market Cap ₹64,972.0 Cr
Earnings-TTM₹1,199.9 CrTTM-Standalone Results
Price/Earnings54.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIAN RAILWAY CATERING AND TOURISM CORPORATION

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of INDIAN RAILWAY CATERING AND TOURISM CORPORATION is calculated as :

Current Market Cap [ ₹64,972.0 Cr] as on Nov 25,2024

(/) Earnings [ ₹1,199.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 54.15x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for INDIAN RAILWAY CATERING AND TOURISM CORPORATION , the investors are currently willing to pay 54.15 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 latest p/e ratio is 54.15x.

- 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 RatioMarket Cap
INDIAN RAILWAY CATERING AND TOURISM CORPORATION 1,199.8654.1564,972.0
EASY TRIP PLANNERS LTD91.3363.395,789.3
THOMAS COOK (INDIA) LTD290.7431.989,297.1
YATRA ONLINE LTD17.9892.921,670.4
INTERNATIONAL TRAVEL HOUSE LTD25.2020.10506.6
TRANSCORP INTERNATIONAL LTD-1.91-57.86110.5

Travel Services Industry Benchmark (Top 10) PE Analysis vs INDIAN RAILWAY CATERING AND TOURISM CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -57.86x
Max industry PE 92.92x
Median industry PE 54.15x
Average industry PE 34.11x



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