Home > PE Ratio > TAINWALA CHEMICALS & PLASTICS (INDIA)

TAINWALA CHEMICALS & PLASTICS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 56.65.

Share Price ₹243.0Jan 14,2025
Market Cap ₹228.4 Cr
Earnings-TTM₹4.0 CrTTM-Standalone Results
Price/Earnings56.65xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for TAINWALA CHEMICALS & PLASTICS (INDIA)
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of TAINWALA CHEMICALS & PLASTICS (INDIA)

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 TAINWALA CHEMICALS & PLASTICS (INDIA) is calculated as :

Current Market Cap [ ₹228.4 Cr] as on Jan 14,2025

(/) Earnings [ ₹4.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 56.65x ]

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

Thus, for TAINWALA CHEMICALS & PLASTICS (INDIA) , the investors are currently willing to pay 56.65 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 TAINWALA CHEMICALS & PLASTICS (INDIA) !

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 TAINWALA CHEMICALS & PLASTICS (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of TAINWALA CHEMICALS & PLASTICS (INDIA)


PE Ratio Performance Analysis for TAINWALA CHEMICALS & PLASTICS (INDIA)

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's latest p/e ratio is 56.65x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 47.50x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's operated at median p/e ratio of 24.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio peaked in Mar2022 at 173.91x.

- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TAINWALA CHEMICALS & PLASTICS (INDIA) 4.0356.65228.4
ASTRAL LTD522.9076.7140,112.5
SUPREME INDUSTRIES LTD964.1157.6955,620.0
FINOLEX INDUSTRIES LTD777.4416.5312,850.1
RESPONSIVE INDUSTRIES LTD188.2435.086,603.9
PRINCE PIPES AND FITTINGS LTD131.6633.514,412.5
EPL LTD256.6029.807,646.4
JAI CORP LTD67.8041.442,809.8
TIME TECHNOPLAST LTD367.6126.209,630.9
GARWARE HITECH FILMS LTD306.3031.469,637.4
JAIN IRRIGATION SYSTEMS LTD36.76133.634,912.2

Plastic Products Industry Benchmark (Top 10) PE Analysis vs TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.53x
Max industry PE 133.63x
Median industry PE 35.08x
Average industry PE 48.97x



You may also like the below Video Courses