TAINWALA CHEMICALS & PLASTICS (INDIA)
|
The Current P/E Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 54.59.
Share Price | ₹228.0 | Apr 21,2025 |
Market Cap | ₹214.3 Cr | |
Earnings-TTM | ₹3.9 Cr | TTM-Standalone Results |
Price/Earnings | 54.59x | 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 [ ₹214.3 Cr] as on Apr 21,2025
(/) Earnings [ ₹3.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 54.59x ]
Thus, for TAINWALA CHEMICALS & PLASTICS (INDIA) , the investors are currently willing to pay 54.59 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) | 3.93 | 54.59 | 214.3 |
SUPREME INDUSTRIES LTD | 893.77 | 49.95 | 44,641.1 |
ASTRAL LTD | 522.30 | 68.82 | 35,946.0 |
FINOLEX INDUSTRIES LTD | 770.50 | 14.30 | 11,016.6 |
GARWARE HITECH FILMS LTD | 311.23 | 23.08 | 7,183.1 |
TIME TECHNOPLAST LTD | 376.88 | 22.67 | 8,545.0 |
EPL LTD | 264.30 | 24.11 | 6,372.2 |
SHAILY ENGINEERING PLASTICS LTD | 83.87 | 90.48 | 7,588.3 |
RESPONSIVE INDUSTRIES LTD | 190.49 | 27.26 | 5,193.5 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 112.81 | 3,780.4 |
POLYPLEX CORPORATION LTD | 397.74 | 9.96 | 3,961.1 |
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 | 9.96x |
Max industry PE | 112.81x |
Median industry PE | 27.26x |
Average industry PE | 45.28x |
You may also like the below Video Courses