TIME TECHNOPLAST
|
The Current P/E Ratio of TIME TECHNOPLAST is 24.44.
Share Price | ₹405.9 | Feb 19,2025 |
Market Cap | ₹9,209.9 Cr | |
Earnings-TTM | ₹376.9 Cr | TTM-Consolidated Results |
Price/Earnings | 24.44x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹9,209.9 Cr] as on Feb 19,2025
(/) Earnings [ ₹376.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.44x ]
Thus, for TIME TECHNOPLAST , the investors are currently willing to pay 24.44 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 | 24.44 | 9,209.9 |
ASTRAL LTD | 522.30 | 70.52 | 36,835.2 |
SUPREME INDUSTRIES LTD | 893.77 | 52.77 | 47,165.7 |
FINOLEX INDUSTRIES LTD | 770.50 | 15.01 | 11,568.8 |
RESPONSIVE INDUSTRIES LTD | 190.49 | 29.57 | 5,633.4 |
PRINCE PIPES AND FITTINGS LTD | 73.61 | 39.84 | 2,932.6 |
EPL LTD | 264.30 | 28.75 | 7,598.2 |
JAI CORP LTD | 68.27 | 29.11 | 1,987.6 |
GARWARE HITECH FILMS LTD | 311.23 | 28.72 | 8,937.3 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 127.35 | 4,267.6 |
MOLDTEK PACKAGING LTD | 62.25 | 27.90 | 1,737.0 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TIME TECHNOPLAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.01x |
Max industry PE | 127.35x |
Median industry PE | 29.11x |
Average industry PE | 43.09x |
You may also like the below Video Courses