TEXMACO RAIL & ENGINEERING
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The Current P/E Ratio of TEXMACO RAIL & ENGINEERING is 48.89.
Share Price | ₹200.9 | Dec 27,2024 |
Market Cap | ₹8,024.0 Cr | |
Earnings-TTM | ₹164.1 Cr | TTM-Consolidated Results |
Price/Earnings | 48.89x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of TEXMACO RAIL & ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,024.0 Cr] as on Dec 27,2024
(/) Earnings [ ₹164.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 48.89x ]
Thus, for TEXMACO RAIL & ENGINEERING , the investors are currently willing to pay 48.89 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 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 Ratio | Market Cap |
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TEXMACO RAIL & ENGINEERING | 164.13 | 48.89 | 8,024.0 |
JUPITER WAGONS LTD | 370.77 | 57.74 | 21,407.4 |
TITAGARH RAILSYSTEMS LTD | 314.80 | 49.14 | 15,470.0 |
Railways Wagons Industry Benchmark (Top 10) PE Analysis vs TEXMACO RAIL & ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 48.89x |
Max industry PE | 57.74x |
Median industry PE | 49.14x |
Average industry PE | 51.92x |
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