TARSONS PRODUCTS
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The Current P/E Ratio of TARSONS PRODUCTS is 46.76.
Share Price | ₹424.0 | Dec 27,2024 |
Market Cap | ₹2,255.4 Cr | |
Earnings-TTM | ₹48.2 Cr | TTM-Standalone Results |
Price/Earnings | 46.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TARSONS PRODUCTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 | 46.76 | 2,255.4 |
ASTRAL LTD | 522.90 | 84.98 | 44,436.2 |
SUPREME INDUSTRIES LTD | 964.11 | 62.85 | 60,596.9 |
FINOLEX INDUSTRIES LTD | 777.44 | 20.43 | 15,881.1 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.00 | 6,589.2 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 35.32 | 4,649.7 |
EPL LTD | 256.60 | 32.83 | 8,425.4 |
JAI CORP LTD | 67.80 | 82.24 | 5,575.8 |
TIME TECHNOPLAST LTD | 367.61 | 30.28 | 11,132.0 |
GARWARE HITECH FILMS LTD | 306.30 | 39.58 | 12,122.7 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 125.13 | 4,599.9 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TARSONS PRODUCTS 's P/E Ratio
Top 10 Industry Peers | PE 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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