TRF
|
The Current P/E Ratio of TRF is 16.57.
Share Price | ₹393.2 | Jan 17,2025 |
Market Cap | ₹432.5 Cr | |
Earnings-TTM | ₹26.1 Cr | TTM-Consolidated Results |
Price/Earnings | 16.57x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TRF
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹432.5 Cr] as on Jan 17,2025
(/) Earnings [ ₹26.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.57x ]
Thus, for TRF , the investors are currently willing to pay 16.57 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 TRF !
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 TRF over the last five years.
Historical PE (Price/Earnings) ratio chart of TRF
PE Ratio Performance Analysis for TRF
- TRF 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.96x.
- TRF 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRF 's p/e ratio peaked in Mar2024 at 12.83x.
- TRF 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does TRF 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TRF | 26.11 | 16.57 | 432.5 |
BHARAT ELECTRONICS LTD | 4,498.65 | 45.85 | 206,245.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 441.21 | 74,498.8 |
THERMAX LTD | 732.69 | 64.32 | 47,124.5 |
TRIVENI TURBINE LTD | 315.52 | 68.71 | 21,680.8 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 26.40 | 13,617.4 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 38.21 | 13,249.7 |
PRAJ INDUSTRIES LTD | 300.36 | 48.60 | 14,597.5 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 18.45 | 8,619.5 |
KIRLOSKAR BROTHERS LTD | 391.90 | 39.71 | 15,562.2 |
TEGA INDUSTRIES LTD | 164.03 | 66.91 | 10,976.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs TRF 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.57x |
Max industry PE | 441.21x |
Median industry PE | 45.85x |
Average industry PE | 79.54x |
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