THANGAMAYIL JEWELLERY
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The Current P/E Ratio of THANGAMAYIL JEWELLERY is 50.83.
Share Price | ₹1,769.1 | Jan 30,2025 |
Market Cap | ₹4,847.3 Cr | |
Earnings-TTM | ₹95.4 Cr | TTM-Standalone Results |
Price/Earnings | 50.83x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of THANGAMAYIL JEWELLERY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,847.3 Cr] as on Jan 30,2025
(/) Earnings [ ₹95.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 50.83x ]
Thus, for THANGAMAYIL JEWELLERY , the investors are currently willing to pay 50.83 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 THANGAMAYIL JEWELLERY !
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 THANGAMAYIL JEWELLERY over the last five years.
Historical PE (Price/Earnings) ratio chart of THANGAMAYIL JEWELLERY
PE Ratio Performance Analysis for THANGAMAYIL JEWELLERY
- THANGAMAYIL JEWELLERY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.50x.
- THANGAMAYIL JEWELLERY 's operated at median p/e ratio of 9.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THANGAMAYIL JEWELLERY 's p/e ratio peaked in Mar2022 at 38.65x.
- THANGAMAYIL JEWELLERY 's p/e ratio hit its five-year low in Mar2020 of 7.24x.
How does THANGAMAYIL JEWELLERY 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
THANGAMAYIL JEWELLERY | 95.36 | 50.83 | 4,847.3 |
TITAN COMPANY LTD | 3,242.00 | 92.25 | 299,069.0 |
KALYAN JEWELLERS INDIA LTD | 625.75 | 72.58 | 45,414.1 |
RAJESH EXPORTS LTD | 38.28 | 143.05 | 5,475.6 |
SENCO GOLD LTD | 204.89 | 36.09 | 7,393.7 |
PC JEWELLER LTD | 15.32 | 531.99 | 8,150.1 |
GOLDIAM INTERNATIONAL LTD | 94.32 | 55.32 | 5,218.0 |
DP ABHUSHAN LTD | 83.12 | 44.19 | 3,672.9 |
ASIAN STAR COMPANY LTD | 73.31 | 16.55 | 1,213.2 |
RENAISSANCE GLOBAL LTD | 75.55 | 22.90 | 1,729.6 |
RADHIKA JEWELTECH LTD | 57.87 | 21.09 | 1,220.1 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs THANGAMAYIL JEWELLERY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.55x |
Max industry PE | 531.99x |
Median industry PE | 50.83x |
Average industry PE | 98.80x |
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