TARSONS PRODUCTS
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The Current P/E Ratio of TARSONS PRODUCTS is 43.00.
| Share Price | ₹389.9 | Dec 26,2024 |
| Market Cap | ₹2,074.3 Cr | |
| Earnings-TTM | ₹48.2 Cr | TTM-Standalone Results |
| Price/Earnings | 43.00x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TARSONS PRODUCTS
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 [ ₹2,074.3 Cr] as on Dec 26,2024
(/) Earnings [ ₹48.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.00x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TARSONS PRODUCTS , the investors are currently willing to pay 43.00 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 TARSONS PRODUCTS !
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 TARSONS PRODUCTS over the last five years.
Thus, for TARSONS PRODUCTS , the investors are currently willing to pay 43.00 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 TARSONS PRODUCTS !
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 TARSONS PRODUCTS over the last five years.
Historical PE (Price/Earnings) ratio chart of TARSONS PRODUCTS
PE Ratio Performance Analysis for TARSONS PRODUCTS
- TARSONS PRODUCTS 's latest p/e ratio is 43.00x.
- TARSONS PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.65x.
- TARSONS PRODUCTS 's operated at median p/e ratio of 35.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TARSONS PRODUCTS 's p/e ratio peaked in Mar2024 at 40.91x.
- TARSONS PRODUCTS 's p/e ratio hit its five-year low in Mar2021 of 0x.
- TARSONS PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.65x.
- TARSONS PRODUCTS 's operated at median p/e ratio of 35.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TARSONS PRODUCTS 's p/e ratio peaked in Mar2024 at 40.91x.
- TARSONS PRODUCTS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TARSONS PRODUCTS '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 |
|---|---|---|---|
| TARSONS PRODUCTS | 48.24 | 43.00 | 2,074.3 |
| ASTRAL LTD | 522.90 | 85.86 | 44,898.3 |
| SUPREME INDUSTRIES LTD | 964.11 | 62.51 | 60,262.8 |
| FINOLEX INDUSTRIES LTD | 777.44 | 18.97 | 14,748.7 |
| RESPONSIVE INDUSTRIES LTD | 188.24 | 35.85 | 6,747.9 |
| PRINCE PIPES AND FITTINGS LTD | 131.66 | 33.37 | 4,393.1 |
| EPL LTD | 256.60 | 32.62 | 8,371.2 |
| JAI CORP LTD | 67.80 | 82.80 | 5,613.5 |
| TIME TECHNOPLAST LTD | 367.61 | 30.33 | 11,151.3 |
| GARWARE HITECH FILMS LTD | 306.30 | 40.01 | 12,255.2 |
| JAIN IRRIGATION SYSTEMS LTD | 36.76 | 124.24 | 4,567.1 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TARSONS PRODUCTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.97x |
| Max industry PE | 124.24x |
| Median industry PE | 40.01x |
| Average industry PE | 53.60x |
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