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TT
PE (Price/Earnings) Ratio

The Current P/E Ratio of TT is 30.82.

Share Price ₹154.0Jan 02,2025
Market Cap ₹346.5 Cr
Earnings-TTM₹11.2 CrTTM-Standalone Results
Price/Earnings30.82xCalculated 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 [ ₹346.5 Cr] as on Jan 02,2025

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

(=) P/E Ratio [ 30.82x ]

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 30.82 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 30.82x.

- 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 11.2430.82346.5
PAGE INDUSTRIES LTD621.0486.5653,754.5
KPR MILL LTD808.9842.9234,721.5
VEDANT FASHIONS LTD402.9076.2730,729.7
SWAN ENERGY LTD610.3838.1323,274.2
WELSPUN LIVING LTD697.5922.5115,701.3
ALOK INDUSTRIES LTD-913.83-11.5110,516.4
VARDHMAN TEXTILES LTD751.8419.7614,853.5
ARVIND LTD305.0935.7810,915.7
GARWARE TECHNICAL FIBRES LTD225.4640.919,223.5
JINDAL WORLDWIDE LTD84.60102.768,693.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -11.51x
Max industry PE 102.76x
Median industry PE 38.13x
Average industry PE 44.08x



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