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

The Current P/E Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 54.59.

Share Price ₹228.0Apr 21,2025
Market Cap ₹214.3 Cr
Earnings-TTM₹3.9 CrTTM-Standalone Results
Price/Earnings54.59xCalculated as Market Cap/Earnings
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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 [ ₹214.3 Cr] as on Apr 21,2025

(/) Earnings [ ₹3.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 54.59x ]

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 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 latest p/e ratio is 54.59x.

- 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) 3.9354.59214.3
SUPREME INDUSTRIES LTD893.7749.9544,641.1
ASTRAL LTD522.3068.8235,946.0
FINOLEX INDUSTRIES LTD770.5014.3011,016.6
GARWARE HITECH FILMS LTD311.2323.087,183.1
TIME TECHNOPLAST LTD376.8822.678,545.0
EPL LTD264.3024.116,372.2
SHAILY ENGINEERING PLASTICS LTD83.8790.487,588.3
RESPONSIVE INDUSTRIES LTD190.4927.265,193.5
JAIN IRRIGATION SYSTEMS LTD33.51112.813,780.4
POLYPLEX CORPORATION LTD397.749.963,961.1

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 9.96x
Max industry PE 112.81x
Median industry PE 27.26x
Average industry PE 45.28x



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