TEXMO PIPES AND PRODUCTS
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The Current P/E Ratio of TEXMO PIPES AND PRODUCTS is 57.27.
Share Price | ₹65.1 | Dec 20,2024 |
Market Cap | ₹190.1 Cr | |
Earnings-TTM | ₹3.3 Cr | TTM-Consolidated Results |
Price/Earnings | 57.27x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TEXMO PIPES AND PRODUCTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹190.1 Cr] as on Dec 20,2024
(/) Earnings [ ₹3.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 57.27x ]
Thus, for TEXMO PIPES AND PRODUCTS , the investors are currently willing to pay 57.27 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 TEXMO PIPES AND 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 TEXMO PIPES AND PRODUCTS over the last five years.
Historical PE (Price/Earnings) ratio chart of TEXMO PIPES AND PRODUCTS
PE Ratio Performance Analysis for TEXMO PIPES AND PRODUCTS
- TEXMO PIPES AND PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.26x.
- TEXMO PIPES AND PRODUCTS 's operated at median p/e ratio of 6.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEXMO PIPES AND PRODUCTS 's p/e ratio peaked in Mar2024 at 48.6x.
- TEXMO PIPES AND PRODUCTS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does TEXMO PIPES AND 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 |
---|---|---|---|
TEXMO PIPES AND PRODUCTS | 3.32 | 57.27 | 190.1 |
ASTRAL LTD | 522.90 | 89.11 | 46,594.7 |
SUPREME INDUSTRIES LTD | 964.11 | 63.87 | 61,575.6 |
FINOLEX INDUSTRIES LTD | 777.44 | 19.05 | 14,813.9 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.67 | 6,714.5 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 34.22 | 4,505.4 |
EPL LTD | 256.60 | 32.93 | 8,450.9 |
JAI CORP LTD | 67.80 | 82.11 | 5,567.0 |
TIME TECHNOPLAST LTD | 367.61 | 28.85 | 10,606.7 |
GARWARE HITECH FILMS LTD | 306.30 | 37.91 | 11,611.4 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 125.72 | 4,621.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TEXMO PIPES AND PRODUCTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.05x |
Max industry PE | 125.72x |
Median industry PE | 37.91x |
Average industry PE | 55.16x |
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