TIME TECHNOPLAST
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The Current P/E Ratio of TIME TECHNOPLAST is 21.16.
Share Price | ₹351.4 | Apr 11,2025 |
Market Cap | ₹7,973.3 Cr | |
Earnings-TTM | ₹376.9 Cr | TTM-Consolidated Results |
Price/Earnings | 21.16x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TIME TECHNOPLAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,973.3 Cr] as on Apr 11,2025
(/) Earnings [ ₹376.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.16x ]
Thus, for TIME TECHNOPLAST , the investors are currently willing to pay 21.16 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 TIME TECHNOPLAST !
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 TIME TECHNOPLAST over the last five years.
Historical PE (Price/Earnings) ratio chart of TIME TECHNOPLAST
PE Ratio Performance Analysis for TIME TECHNOPLAST
- TIME TECHNOPLAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.08x.
- TIME TECHNOPLAST 's operated at median p/e ratio of 7.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIME TECHNOPLAST 's p/e ratio peaked in Mar2024 at 18.23x.
- TIME TECHNOPLAST 's p/e ratio hit its five-year low in Mar2020 of 3.34x.
How does TIME TECHNOPLAST '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 |
---|---|---|---|
TIME TECHNOPLAST | 376.88 | 21.16 | 7,973.3 |
SUPREME INDUSTRIES LTD | 893.77 | 45.05 | 40,261.2 |
ASTRAL LTD | 522.30 | 64.21 | 33,539.1 |
FINOLEX INDUSTRIES LTD | 770.50 | 13.85 | 10,672.2 |
GARWARE HITECH FILMS LTD | 311.23 | 19.81 | 6,166.3 |
EPL LTD | 264.30 | 22.37 | 5,913.5 |
SHAILY ENGINEERING PLASTICS LTD | 83.87 | 82.66 | 6,931.9 |
RESPONSIVE INDUSTRIES LTD | 190.49 | 27.04 | 5,150.9 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 104.79 | 3,511.6 |
POLYPLEX CORPORATION LTD | 397.74 | 9.25 | 3,678.4 |
KINGFA SCIENCE & TECHNOLOGY (INDIA) LTD | 144.51 | 25.04 | 3,618.0 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TIME TECHNOPLAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.25x |
Max industry PE | 104.79x |
Median industry PE | 25.04x |
Average industry PE | 39.57x |
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