TCI INDUSTRIES
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The Current P/E Ratio of TCI INDUSTRIES is -84.80.
Share Price | ₹1,501.0 | Jan 28,2025 |
Market Cap | ₹135.1 Cr | |
Earnings-TTM | ₹-1.6 Cr | TTM-Standalone Results |
Price/Earnings | -84.80x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TCI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹135.1 Cr] as on Jan 28,2025
(/) Earnings [ ₹-1.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -84.80x ]
Thus, for TCI INDUSTRIES , the investors are currently willing to pay -84.80 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 TCI INDUSTRIES !
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 TCI INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of TCI INDUSTRIES
PE Ratio Performance Analysis for TCI INDUSTRIES
- TCI INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- TCI INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TCI INDUSTRIES 's p/e ratio peaked in Mar2024 at 0x.
- TCI INDUSTRIES 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does TCI INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TCI INDUSTRIES | -1.59 | -84.80 | 135.1 |
ADANI ENTERPRISES LTD | 5,730.28 | 46.06 | 263,944.0 |
REDINGTON LTD | 1,171.69 | 13.58 | 15,909.1 |
HONASA CONSUMER LTD | 78.06 | 93.48 | 7,297.2 |
MMTC LTD | 124.49 | 78.11 | 9,724.5 |
MSTC LTD | 208.02 | 19.00 | 3,952.6 |
LLOYDS ENTERPRISES LTD | 185.79 | 37.26 | 6,922.9 |
VERITAS (INDIA) LTD | 204.84 | 9.23 | 1,890.9 |
NOVARTIS INDIA LTD | 87.40 | 25.20 | 2,202.5 |
OPTIEMUS INFRACOM LTD | 62.34 | 81.23 | 5,063.9 |
MISHTANN FOODS LTD | 9.86 | 71.62 | 705.8 |
Trading Industry Benchmark (Top 10) PE Analysis vs TCI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -84.80x |
Max industry PE | 93.48x |
Median industry PE | 37.26x |
Average industry PE | 35.45x |
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