TAINWALA CHEMICALS & PLASTICS (INDIA)
|
The Current P/E Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 56.65.
Share Price | ₹243.0 | Jan 14,2025 |
Market Cap | ₹228.4 Cr | |
Earnings-TTM | ₹4.0 Cr | TTM-Standalone Results |
Price/Earnings | 56.65x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TAINWALA CHEMICALS & PLASTICS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TAINWALA CHEMICALS & PLASTICS (INDIA) | 4.03 | 56.65 | 228.4 |
ASTRAL LTD | 522.90 | 76.71 | 40,112.5 |
SUPREME INDUSTRIES LTD | 964.11 | 57.69 | 55,620.0 |
FINOLEX INDUSTRIES LTD | 777.44 | 16.53 | 12,850.1 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.08 | 6,603.9 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 33.51 | 4,412.5 |
EPL LTD | 256.60 | 29.80 | 7,646.4 |
JAI CORP LTD | 67.80 | 41.44 | 2,809.8 |
TIME TECHNOPLAST LTD | 367.61 | 26.20 | 9,630.9 |
GARWARE HITECH FILMS LTD | 306.30 | 31.46 | 9,637.4 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 133.63 | 4,912.2 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE 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