TGV SRACC
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The Current P/E Ratio of TGV SRACC is 18.00.
Share Price | ₹116.4 | Dec 11,2024 |
Market Cap | ₹1,246.6 Cr | |
Earnings-TTM | ₹69.3 Cr | TTM-Standalone Results |
Price/Earnings | 18.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TGV SRACC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,246.6 Cr] as on Dec 11,2024
(/) Earnings [ ₹69.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.00x ]
Thus, for TGV SRACC , the investors are currently willing to pay 18.00 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 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 Ratio | Market Cap |
---|---|---|---|
TGV SRACC | 69.25 | 18.00 | 1,246.6 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 84.16 | 162,484.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 92.67 | 98,279.4 |
SRF LTD | 1,129.28 | 61.35 | 69,276.0 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 119.89 | 49,160.1 |
DEEPAK NITRITE LTD | 852.61 | 43.70 | 37,256.4 |
TATA CHEMICALS LTD | -351.00 | -81.70 | 28,676.6 |
GODREJ INDUSTRIES LTD | 1,358.81 | 27.12 | 36,855.8 |
AARTI INDUSTRIES LTD | 445.00 | 36.39 | 16,193.7 |
ATUL LTD | 370.51 | 59.51 | 22,049.5 |
VINATI ORGANICS LTD | 369.60 | 51.73 | 19,120.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs TGV SRACC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -81.70x |
Max industry PE | 119.89x |
Median industry PE | 51.73x |
Average industry PE | 46.62x |
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