TT
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The Current P/E Ratio of TT is 28.71.
Share Price | ₹143.5 | Jan 21,2025 |
Market Cap | ₹322.8 Cr | |
Earnings-TTM | ₹11.2 Cr | TTM-Standalone Results |
Price/Earnings | 28.71x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹322.8 Cr] as on Jan 21,2025
(/) Earnings [ ₹11.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 28.71x ]
Thus, for TT , the investors are currently willing to pay 28.71 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 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 Ratio | Market Cap |
---|---|---|---|
TT | 11.24 | 28.71 | 322.8 |
PAGE INDUSTRIES LTD | 621.04 | 82.61 | 51,304.6 |
KPR MILL LTD | 808.98 | 40.71 | 32,932.1 |
VEDANT FASHIONS LTD | 402.90 | 70.07 | 28,230.0 |
SWAN ENERGY LTD | 610.38 | 32.31 | 19,724.3 |
WELSPUN LIVING LTD | 697.59 | 20.82 | 14,526.4 |
ALOK INDUSTRIES LTD | -956.91 | -10.26 | 9,816.3 |
VARDHMAN TEXTILES LTD | 751.84 | 18.38 | 13,816.8 |
ARVIND LTD | 305.09 | 33.26 | 10,147.4 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 34.29 | 7,729.8 |
JINDAL WORLDWIDE LTD | 84.60 | 92.84 | 7,854.4 |
Textile Industry Benchmark (Top 10) PE Analysis vs TT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.26x |
Max industry PE | 92.84x |
Median industry PE | 33.26x |
Average industry PE | 40.34x |
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