TIMEX GROUP INDIA
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The Current P/E Ratio of TIMEX GROUP INDIA is 73.37.
Share Price | ₹187.7 | Nov 12,2024 |
Market Cap | ₹1,895.3 Cr | |
Earnings-TTM | ₹25.8 Cr | TTM-Standalone Results |
Price/Earnings | 73.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TIMEX GROUP INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,895.3 Cr] as on Nov 12,2024
(/) Earnings [ ₹25.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 73.37x ]
Thus, for TIMEX GROUP INDIA , the investors are currently willing to pay 73.37 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 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 Ratio | Market Cap |
---|---|---|---|
TIMEX GROUP INDIA | 25.83 | 73.37 | 1,895.3 |
KDDL LTD | 135.42 | 24.25 | 3,283.5 |
Watches & Accessories Industry Benchmark (Top 10) PE Analysis vs TIMEX GROUP INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 24.25x |
Max industry PE | 73.37x |
Median industry PE | 73.37x |
Average industry PE | 48.81x |
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