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TOLINS TYRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of TOLINS TYRES is 12.19.

Share Price ₹123.9Apr 15,2025
Market Cap ₹489.4 Cr
Earnings-TTM₹40.2 CrTTM-Consolidated Results
Price/Earnings12.19xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TOLINS TYRES

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 TOLINS TYRES is calculated as :

Current Market Cap [ ₹489.4 Cr] as on Apr 15,2025

(/) Earnings [ ₹40.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.19x ]

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

Thus, for TOLINS TYRES , the investors are currently willing to pay 12.19 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 TOLINS TYRES !

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 TOLINS TYRES over the last five years.

Historical PE (Price/Earnings) ratio chart of TOLINS TYRES


PE Ratio Performance Analysis for TOLINS TYRES

- TOLINS TYRES 's latest p/e ratio is 12.19x.

- TOLINS TYRES 's p/e ratio for fiscal years ending Mar2024 to Mar2024 averaged 0.00x.

- TOLINS TYRES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 1 fiscal years, TOLINS TYRES 's p/e ratio peaked in Mar2024 at 0x.

- TOLINS TYRES 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does TOLINS TYRES 's P/E Ratio benchmark against top 10 peers in Tyres & Allied Industry?

Peer Comparison (Tyres & Allied Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TOLINS TYRES 40.1612.19489.4
BALKRISHNA INDUSTRIES LTD1,773.1627.1648,152.4
MRF LTD1,753.2929.7352,119.1
APOLLO TYRES LTD1,290.2921.6127,887.3
CEAT LTD449.2026.1511,745.1
JK TYRE & INDUSTRIES LTD588.2614.028,249.4
TVS SRICHAKRA LTD34.5960.172,081.2
GOODYEAR INDIA LTD46.0443.071,982.8

Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs TOLINS TYRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.19x
Max industry PE 60.17x
Median industry PE 27.16x
Average industry PE 29.26x



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