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TARSONS PRODUCTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TARSONS PRODUCTS is 46.76.

Share Price ₹424.0Dec 27,2024
Market Cap ₹2,255.4 Cr
Earnings-TTM₹48.2 CrTTM-Standalone Results
Price/Earnings46.76xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of TARSONS PRODUCTS is calculated as :

Current Market Cap [ ₹2,255.4 Cr] as on Dec 27,2024

(/) Earnings [ ₹48.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 46.76x ]

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 46.76 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 46.76x.

- 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 RatioMarket Cap
TARSONS PRODUCTS 48.2446.762,255.4
ASTRAL LTD522.9084.9844,436.2
SUPREME INDUSTRIES LTD964.1162.8560,596.9
FINOLEX INDUSTRIES LTD777.4420.4315,881.1
RESPONSIVE INDUSTRIES LTD188.2435.006,589.2
PRINCE PIPES AND FITTINGS LTD131.6635.324,649.7
EPL LTD256.6032.838,425.4
JAI CORP LTD67.8082.245,575.8
TIME TECHNOPLAST LTD367.6130.2811,132.0
GARWARE HITECH FILMS LTD306.3039.5812,122.7
JAIN IRRIGATION SYSTEMS LTD36.76125.134,599.9

Plastic Products Industry Benchmark (Top 10) PE Analysis vs TARSONS PRODUCTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.43x
Max industry PE 125.13x
Median industry PE 39.58x
Average industry PE 54.13x



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