TINNA RUBBER AND INFRASTRUCTURE
|
The Current P/E Ratio of TINNA RUBBER AND INFRASTRUCTURE is 47.05.
Share Price | ₹1,394.1 | Dec 11,2024 |
Market Cap | ₹2,383.9 Cr | |
Earnings-TTM | ₹50.7 Cr | TTM-Consolidated Results |
Price/Earnings | 47.05x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TINNA RUBBER AND INFRASTRUCTURE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,383.9 Cr] as on Dec 11,2024
(/) Earnings [ ₹50.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.05x ]
Thus, for TINNA RUBBER AND INFRASTRUCTURE , the investors are currently willing to pay 47.05 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 TINNA RUBBER AND INFRASTRUCTURE !
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 TINNA RUBBER AND INFRASTRUCTURE over the last five years.
Historical PE (Price/Earnings) ratio chart of TINNA RUBBER AND INFRASTRUCTURE
PE Ratio Performance Analysis for TINNA RUBBER AND INFRASTRUCTURE
- TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.40x.
- TINNA RUBBER AND INFRASTRUCTURE 's operated at median p/e ratio of 6.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio peaked in Mar2024 at 29.73x.
- TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TINNA RUBBER AND INFRASTRUCTURE 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TINNA RUBBER AND INFRASTRUCTURE | 50.67 | 47.05 | 2,383.9 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 84.16 | 162,484.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 92.67 | 98,279.4 |
SRF LTD | 1,129.28 | 61.35 | 69,276.0 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 119.89 | 49,160.1 |
DEEPAK NITRITE LTD | 852.61 | 43.70 | 37,256.4 |
TATA CHEMICALS LTD | -351.00 | -81.70 | 28,676.6 |
GODREJ INDUSTRIES LTD | 1,358.81 | 27.12 | 36,855.8 |
AARTI INDUSTRIES LTD | 445.00 | 36.39 | 16,193.7 |
ATUL LTD | 370.51 | 59.51 | 22,049.5 |
VINATI ORGANICS LTD | 369.60 | 51.73 | 19,120.6 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs TINNA RUBBER AND INFRASTRUCTURE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -81.70x |
Max industry PE | 119.89x |
Median industry PE | 51.73x |
Average industry PE | 49.26x |
You may also like the below Video Courses