TPL PLASTECH
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The Current P/E Ratio of TPL PLASTECH is 36.38.
Share Price | ₹101.6 | Dec 24,2024 |
Market Cap | ₹792.5 Cr | |
Earnings-TTM | ₹21.8 Cr | TTM-Standalone Results |
Price/Earnings | 36.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TPL PLASTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹792.5 Cr] as on Dec 24,2024
(/) Earnings [ ₹21.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 36.38x ]
Thus, for TPL PLASTECH , the investors are currently willing to pay 36.38 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 TPL PLASTECH !
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 TPL PLASTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of TPL PLASTECH
PE Ratio Performance Analysis for TPL PLASTECH
- TPL PLASTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.63x.
- TPL PLASTECH 's operated at median p/e ratio of 2.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TPL PLASTECH 's p/e ratio peaked in Mar2024 at 24.33x.
- TPL PLASTECH 's p/e ratio hit its five-year low in Mar2020 of 0.48x.
How does TPL PLASTECH 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TPL PLASTECH | 21.78 | 36.38 | 792.5 |
ASTRAL LTD | 522.90 | 87.03 | 45,508.1 |
SUPREME INDUSTRIES LTD | 964.11 | 62.79 | 60,540.4 |
FINOLEX INDUSTRIES LTD | 777.44 | 19.34 | 15,034.2 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.80 | 6,739.9 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 34.03 | 4,480.5 |
EPL LTD | 256.60 | 33.15 | 8,505.1 |
JAI CORP LTD | 67.80 | 81.93 | 5,554.7 |
TIME TECHNOPLAST LTD | 367.61 | 30.07 | 11,054.8 |
GARWARE HITECH FILMS LTD | 306.30 | 39.09 | 11,972.0 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 122.13 | 4,489.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TPL PLASTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.34x |
Max industry PE | 122.13x |
Median industry PE | 36.38x |
Average industry PE | 52.88x |
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