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TGV SRACC
PE (Price/Earnings) Ratio

The Current P/E Ratio of TGV SRACC is 18.14.

Share Price ₹117.3Dec 02,2024
Market Cap ₹1,256.3 Cr
Earnings-TTM₹69.3 CrTTM-Standalone Results
Price/Earnings18.14xCalculated 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 [ ₹1,256.3 Cr] as on Dec 02,2024

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

(=) P/E Ratio [ 18.14x ]

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 18.14 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 18.14x.

- 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 69.2518.141,256.3
PIDILITE INDUSTRIES LTD1,930.5582.56159,392.0
SOLAR INDUSTRIES INDIA LTD1,060.5789.9595,398.2
SRF LTD1,129.2860.2768,065.1
GUJARAT FLUOROCHEMICALS LTD410.06108.6344,543.1
DEEPAK NITRITE LTD852.6144.1037,602.2
TATA CHEMICALS LTD-351.00-81.9828,776.0
GODREJ INDUSTRIES LTD1,358.8126.4335,914.6
AARTI INDUSTRIES LTD445.0036.1416,083.2
ATUL LTD370.5158.4821,666.9
VINATI ORGANICS LTD369.6052.1819,286.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -81.98x
Max industry PE 108.63x
Median industry PE 52.18x
Average industry PE 44.99x



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