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TIMEX GROUP INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of TIMEX GROUP INDIA is 78.77.

Share Price ₹201.5Nov 19,2024
Market Cap ₹2,034.6 Cr
Earnings-TTM₹25.8 CrTTM-Standalone Results
Price/Earnings78.77xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TIMEX GROUP INDIA

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 TIMEX GROUP INDIA is calculated as :

Current Market Cap [ ₹2,034.6 Cr] as on Nov 19,2024

(/) Earnings [ ₹25.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 78.77x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for TIMEX GROUP INDIA , the investors are currently willing to pay 78.77 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 TIMEX GROUP INDIA !

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 TIMEX GROUP INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of TIMEX GROUP INDIA


PE Ratio Performance Analysis for TIMEX GROUP INDIA

- TIMEX GROUP INDIA 's latest p/e ratio is 78.77x.

- TIMEX GROUP INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 60.33x.

- TIMEX GROUP INDIA 's operated at median p/e ratio of 26.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIMEX GROUP INDIA 's p/e ratio peaked in Mar2022 at 208.91x.

- TIMEX GROUP INDIA 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TIMEX GROUP INDIA 's P/E Ratio benchmark against top 10 peers in Watches & Accessories Industry?

Peer Comparison (Watches & Accessories Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TIMEX GROUP INDIA 25.8378.772,034.6
KDDL LTD135.4224.483,314.7

Watches & Accessories Industry Benchmark (Top 10) PE Analysis vs TIMEX GROUP INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 24.48x
Max industry PE 78.77x
Median industry PE 78.77x
Average industry PE 51.62x



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