TITAN COMPANY
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The Current P/E Ratio of TITAN COMPANY is 84.83.
Share Price | ₹3,339.6 | May 16,2024 |
Market Cap | ₹296,485.2 Cr | |
Earnings-TTM | ₹3,495.0 Cr | TTM-Consolidated Results |
Price/Earnings | 84.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TITAN COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹296,485.2 Cr] as on May 16,2024
(/) Earnings [ ₹3,495.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 84.83x ]
Thus, for TITAN COMPANY , the investors are currently willing to pay 84.83 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 TITAN COMPANY !
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 TITAN COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of TITAN COMPANY
PE Ratio Performance Analysis for TITAN COMPANY
- TITAN COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 88.49x.
- TITAN COMPANY 's operated at median p/e ratio of 71.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TITAN COMPANY 's p/e ratio peaked in Mar2021 at 142.45x.
- TITAN COMPANY 's p/e ratio hit its five-year low in Mar2020 of 55.35x.
How does TITAN COMPANY 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TITAN COMPANY | 3,495.00 | 84.83 | 296,485.2 |
KALYAN JEWELLERS INDIA LTD | 596.29 | 71.03 | 42,353.1 |
RAJESH EXPORTS LTD | 733.11 | 12.11 | 8,878.5 |
SENCO GOLD LTD | 252.29 | 26.64 | 6,719.9 |
THANGAMAYIL JEWELLERY LTD | 126.03 | 27.07 | 3,411.4 |
PC JEWELLER LTD | -810.14 | -2.87 | 2,326.6 |
GOLDIAM INTERNATIONAL LTD | 89.36 | 19.49 | 1,741.3 |
DP ABHUSHAN LTD | 50.15 | 59.17 | 2,967.1 |
ASIAN STAR COMPANY LTD | 76.16 | 17.42 | 1,326.8 |
RENAISSANCE GLOBAL LTD | 72.30 | 13.96 | 1,009.4 |
RADHIKA JEWELTECH LTD | 43.42 | 16.82 | 730.2 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs TITAN COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -2.87x |
Max industry PE | 84.83x |
Median industry PE | 19.49x |
Average industry PE | 31.42x |
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