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TITAN COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of TITAN COMPANY is 84.83.

Share Price ₹3,339.6May 16,2024
Market Cap ₹296,485.2 Cr
Earnings-TTM₹3,495.0 CrTTM-Consolidated Results
Price/Earnings84.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TITAN COMPANY

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 TITAN COMPANY is calculated as :

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 ]

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

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 latest p/e ratio is 84.83x.

- 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 RatioMarket Cap
TITAN COMPANY 3,495.0084.83296,485.2
KALYAN JEWELLERS INDIA LTD596.2971.0342,353.1
RAJESH EXPORTS LTD733.1112.118,878.5
SENCO GOLD LTD252.2926.646,719.9
THANGAMAYIL JEWELLERY LTD126.0327.073,411.4
PC JEWELLER LTD-810.14-2.872,326.6
GOLDIAM INTERNATIONAL LTD89.3619.491,741.3
DP ABHUSHAN LTD50.1559.172,967.1
ASIAN STAR COMPANY LTD76.1617.421,326.8
RENAISSANCE GLOBAL LTD72.3013.961,009.4
RADHIKA JEWELTECH LTD43.4216.82730.2

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs TITAN COMPANY 's P/E Ratio

Top 10 Industry PeersPE 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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