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TEXMACO RAIL & ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of TEXMACO RAIL & ENGINEERING is 50.39.

Share Price ₹207.0Dec 23,2024
Market Cap ₹8,269.7 Cr
Earnings-TTM₹164.1 CrTTM-Consolidated Results
Price/Earnings50.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TEXMACO RAIL & ENGINEERING

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 TEXMACO RAIL & ENGINEERING is calculated as :

Current Market Cap [ ₹8,269.7 Cr] as on Dec 23,2024

(/) Earnings [ ₹164.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 50.39x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for TEXMACO RAIL & ENGINEERING , the investors are currently willing to pay 50.39 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 TEXMACO RAIL & ENGINEERING !

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 TEXMACO RAIL & ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of TEXMACO RAIL & ENGINEERING


PE Ratio Performance Analysis for TEXMACO RAIL & ENGINEERING

- TEXMACO RAIL & ENGINEERING 's latest p/e ratio is 50.39x.

- TEXMACO RAIL & ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 43.84x.

- TEXMACO RAIL & ENGINEERING 's operated at median p/e ratio of 52.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TEXMACO RAIL & ENGINEERING 's p/e ratio peaked in Mar2022 at 65.47x.

- TEXMACO RAIL & ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does TEXMACO RAIL & ENGINEERING 's P/E Ratio benchmark against top 10 peers in Railways Wagons Industry?

Peer Comparison (Railways Wagons Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TEXMACO RAIL & ENGINEERING 164.1350.398,269.7
JUPITER WAGONS LTD370.7760.1022,281.9
TITAGARH RAILSYSTEMS LTD314.8053.8516,950.7

Railways Wagons Industry Benchmark (Top 10) PE Analysis vs TEXMACO RAIL & ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 50.39x
Max industry PE 60.10x
Median industry PE 53.85x
Average industry PE 54.78x



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