TAAL ENTERPRISES
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The Current P/E Ratio of TAAL ENTERPRISES is 19.20.
| Share Price | ₹2,661.4 | Nov 21,2024 |
| Market Cap | ₹825.0 Cr | |
| Earnings-TTM | ₹43.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 19.20x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TAAL ENTERPRISES
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)
Current Market Cap [ ₹825.0 Cr] as on Nov 21,2024
(/) Earnings [ ₹43.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.20x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TAAL ENTERPRISES , the investors are currently willing to pay 19.20 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 TAAL ENTERPRISES !
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 TAAL ENTERPRISES over the last five years.
Thus, for TAAL ENTERPRISES , the investors are currently willing to pay 19.20 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 TAAL ENTERPRISES !
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 TAAL ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of TAAL ENTERPRISES
PE Ratio Performance Analysis for TAAL ENTERPRISES
- TAAL ENTERPRISES 's latest p/e ratio is 19.20x.
- TAAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.10x.
- TAAL ENTERPRISES 's operated at median p/e ratio of 15.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAAL ENTERPRISES 's p/e ratio peaked in Mar2024 at 21.88x.
- TAAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 1.64x.
- TAAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.10x.
- TAAL ENTERPRISES 's operated at median p/e ratio of 15.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAAL ENTERPRISES 's p/e ratio peaked in Mar2024 at 21.88x.
- TAAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2020 of 1.64x.
How does TAAL ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Airlines Industry?
| Peer Comparison (Airlines Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TAAL ENTERPRISES | 42.98 | 19.20 | 825.0 |
| INTERGLOBE AVIATION LTD | 6,635.04 | 23.70 | 157,247.0 |
| SPICEJET LTD | -463.15 | -15.20 | 7,040.3 |
| TANEJA AEROSPACE & AVIATION LTD | 12.58 | 81.71 | 1,028.2 |
| JET AIRWAYS (INDIA) LTD | -662.61 | -0.58 | 386.7 |
| GLOBAL VECTRA HELICORP LTD | -0.87 | -358.54 | 311.6 |
Airlines Industry Benchmark (Top 10) PE Analysis vs TAAL ENTERPRISES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -358.54x |
| Max industry PE | 81.71x |
| Median industry PE | 19.20x |
| Average industry PE | -41.62x |
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