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TGV SRACC
PE (Price/Earnings) Ratio

The Current P/E Ratio of TGV SRACC is 16.17.

Share Price ₹104.6Dec 20,2024
Market Cap ₹1,119.7 Cr
Earnings-TTM₹69.3 CrTTM-Standalone Results
Price/Earnings16.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TGV SRACC

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 TGV SRACC is calculated as :

Current Market Cap [ ₹1,119.7 Cr] as on Dec 20,2024

(/) Earnings [ ₹69.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.17x ]

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

Thus, for TGV SRACC , the investors are currently willing to pay 16.17 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 TGV SRACC !

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 TGV SRACC over the last five years.

Historical PE (Price/Earnings) ratio chart of TGV SRACC


PE Ratio Performance Analysis for TGV SRACC

- TGV SRACC 's latest p/e ratio is 16.17x.

- TGV SRACC 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.93x.

- TGV SRACC 's operated at median p/e ratio of 6.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TGV SRACC 's p/e ratio peaked in Mar2024 at 14.25x.

- TGV SRACC 's p/e ratio hit its five-year low in Mar2020 of 2.52x.


How does TGV SRACC 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TGV SRACC 69.2516.171,119.7
PIDILITE INDUSTRIES LTD1,930.5578.40151,358.0
SOLAR INDUSTRIES INDIA LTD1,060.5783.6788,732.7
SRF LTD1,129.2859.7667,490.0
GUJARAT FLUOROCHEMICALS LTD410.06115.7547,464.0
DEEPAK NITRITE LTD852.6141.5335,407.6
TATA CHEMICALS LTD-351.00-74.6326,195.3
GODREJ INDUSTRIES LTD1,358.8127.7437,692.7
AARTI INDUSTRIES LTD445.0032.9014,642.2
ATUL LTD370.5155.8320,686.5
VINATI ORGANICS LTD369.6047.9517,721.1

Chemicals Industry Benchmark (Top 10) PE Analysis vs TGV SRACC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -74.63x
Max industry PE 115.75x
Median industry PE 47.95x
Average industry PE 44.10x



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