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TIRUPATI STARCH & CHEMICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TIRUPATI STARCH & CHEMICALS is 2,539.35.

Share Price ₹164.0Nov 21,2024
Market Cap ₹157.4 Cr
Earnings-TTM₹0.1 CrTTM-Standalone Results
Price/Earnings2,539.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TIRUPATI STARCH & CHEMICALS

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 TIRUPATI STARCH & CHEMICALS is calculated as :

Current Market Cap [ ₹157.4 Cr] as on Nov 21,2024

(/) Earnings [ ₹0.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 2,539.35x ]

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

Thus, for TIRUPATI STARCH & CHEMICALS , the investors are currently willing to pay 2,539.35 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 TIRUPATI STARCH & CHEMICALS !

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 TIRUPATI STARCH & CHEMICALS over the last five years.

Historical PE (Price/Earnings) ratio chart of TIRUPATI STARCH & CHEMICALS


PE Ratio Performance Analysis for TIRUPATI STARCH & CHEMICALS

- TIRUPATI STARCH & CHEMICALS 's latest p/e ratio is 2,539.35x.

- TIRUPATI STARCH & CHEMICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.12x.

- TIRUPATI STARCH & CHEMICALS 's operated at median p/e ratio of 6.78x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIRUPATI STARCH & CHEMICALS 's p/e ratio peaked in Mar2021 at 23.55x.

- TIRUPATI STARCH & CHEMICALS 's p/e ratio hit its five-year low in Mar2022 of 5.68x.


How does TIRUPATI STARCH & CHEMICALS 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TIRUPATI STARCH & CHEMICALS 0.062,539.35157.4
NESTLE INDIA LTD3,322.7464.14213,122.0
VARUN BEVERAGES LTD2,582.9982.06211,967.0
BRITANNIA INDUSTRIES LTD2,137.8954.13115,722.0
MARICO LTD1,613.0047.4476,518.0
JUBILANT FOODWORKS LTD390.13103.2140,267.1
HATSUN AGRO PRODUCT LTD304.4276.4523,271.6
DEVYANI INTERNATIONAL LTD-26.37-737.3019,439.0
BIKAJI FOODS INTERNATIONAL LTD288.9263.5818,369.3
SAPPHIRE FOODS INDIA LTD13.82696.949,631.0
GODREJ AGROVET LTD325.4042.2213,738.0

Consumer Food Industry Benchmark (Top 10) PE Analysis vs TIRUPATI STARCH & CHEMICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -737.30x
Max industry PE 696.94x
Median industry PE 63.58x
Average industry PE 44.99x



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