TITAN COMPANY
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The Current P/E Ratio of TITAN COMPANY is 88.11.
| Share Price | ₹3,217.7 | Nov 19,2024 |
| Market Cap | ₹285,663.0 Cr | |
| Earnings-TTM | ₹3,242.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 88.11x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹285,663.0 Cr] as on Nov 19,2024
(/) Earnings [ ₹3,242.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 88.11x ]
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 88.11 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.
Thus, for TITAN COMPANY , the investors are currently willing to pay 88.11 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 88.11x.
- TITAN COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 93.48x.
- TITAN COMPANY 's operated at median p/e ratio of 96.86x 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.
- TITAN COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 93.48x.
- TITAN COMPANY 's operated at median p/e ratio of 96.86x 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 | 3,242.00 | 88.11 | 285,663.0 |
| KALYAN JEWELLERS INDIA LTD | 625.75 | 115.59 | 72,329.4 |
| RAJESH EXPORTS LTD | 38.28 | 183.04 | 7,006.5 |
| SENCO GOLD LTD | 204.89 | 42.42 | 8,692.1 |
| THANGAMAYIL JEWELLERY LTD | 95.36 | 56.77 | 5,413.9 |
| PC JEWELLER LTD | 15.32 | 499.71 | 7,655.5 |
| GOLDIAM INTERNATIONAL LTD | 94.32 | 35.55 | 3,353.4 |
| DP ABHUSHAN LTD | 83.12 | 42.54 | 3,536.1 |
| ASIAN STAR COMPANY LTD | 73.31 | 18.20 | 1,334.5 |
| RENAISSANCE GLOBAL LTD | 75.55 | 21.68 | 1,637.8 |
| RADHIKA JEWELTECH LTD | 50.80 | 24.23 | 1,230.7 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs TITAN COMPANY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.20x |
| Max industry PE | 499.71x |
| Median industry PE | 42.54x |
| Average industry PE | 102.53x |
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