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TT
PE (Price/Earnings) Ratio

The Current P/E Ratio of TT is 30.33.

Share Price ₹158.6Dec 03,2024
Market Cap ₹341.0 Cr
Earnings-TTM₹11.2 CrTTM-Standalone Results
Price/Earnings30.33xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TT

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 TT is calculated as :

Current Market Cap [ ₹341.0 Cr] as on Dec 03,2024

(/) Earnings [ ₹11.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 30.33x ]

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

Thus, for TT , the investors are currently willing to pay 30.33 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 TT !

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 TT over the last five years.

Historical PE (Price/Earnings) ratio chart of TT


PE Ratio Performance Analysis for TT

- TT 's latest p/e ratio is 30.33x.

- TT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.72x.

- TT '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, TT 's p/e ratio peaked in Mar2024 at 48.57x.

- TT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does TT 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TT 11.2430.33341.0
PAGE INDUSTRIES LTD621.0482.8451,445.4
KPR MILL LTD808.9842.2134,147.2
VEDANT FASHIONS LTD402.9083.7133,724.8
SWAN ENERGY LTD610.3832.4219,790.1
WELSPUN LIVING LTD697.5922.0115,351.2
ALOK INDUSTRIES LTD-913.83-11.9410,908.6
VARDHMAN TEXTILES LTD751.8419.6414,763.8
ARVIND LTD305.0933.2110,132.9
GARWARE TECHNICAL FIBRES LTD225.4642.849,658.4
JINDAL WORLDWIDE LTD84.6091.907,775.2

Textile Industry Benchmark (Top 10) PE Analysis vs TT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -11.94x
Max industry PE 91.90x
Median industry PE 33.21x
Average industry PE 42.65x



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