TTK PRESTIGE
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The Current P/E Ratio of TTK PRESTIGE is 56.73.
| Share Price | ₹878.6 | Dec 03,2024 |
| Market Cap | ₹12,027.3 Cr | |
| Earnings-TTM | ₹212.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 56.73x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TTK PRESTIGE
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)
Current Market Cap [ ₹12,027.3 Cr] as on Dec 03,2024
(/) Earnings [ ₹212.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 56.73x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TTK PRESTIGE , the investors are currently willing to pay 56.73 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 TTK PRESTIGE !
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 TTK PRESTIGE over the last five years.
Thus, for TTK PRESTIGE , the investors are currently willing to pay 56.73 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 TTK PRESTIGE !
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 TTK PRESTIGE over the last five years.
Historical PE (Price/Earnings) ratio chart of TTK PRESTIGE
PE Ratio Performance Analysis for TTK PRESTIGE
- TTK PRESTIGE 's latest p/e ratio is 56.73x.
- TTK PRESTIGE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 24.87x.
- TTK PRESTIGE 's operated at median p/e ratio of 37.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TTK PRESTIGE 's p/e ratio peaked in Mar2024 at 40.7x.
- TTK PRESTIGE 's p/e ratio hit its five-year low in Mar2020 of 3.65x.
- TTK PRESTIGE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 24.87x.
- TTK PRESTIGE 's operated at median p/e ratio of 37.59x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TTK PRESTIGE 's p/e ratio peaked in Mar2024 at 40.7x.
- TTK PRESTIGE 's p/e ratio hit its five-year low in Mar2020 of 3.65x.
How does TTK PRESTIGE 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
| Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TTK PRESTIGE | 212.02 | 56.73 | 12,027.3 |
| CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 499.30 | 52.76 | 26,340.6 |
| WHIRLPOOL OF INDIA LTD | 308.16 | 76.79 | 23,662.2 |
| BAJAJ ELECTRICALS LTD | 107.68 | 84.27 | 9,074.4 |
| EUREKA FORBES LTD | 124.25 | 96.50 | 11,990.9 |
| SYMPHONY LTD | 233.00 | 41.04 | 9,563.2 |
| IFB INDUSTRIES LTD | 118.06 | 61.40 | 7,249.4 |
| BOROSIL LTD | 69.99 | 81.10 | 5,676.0 |
| PG ELECTROPLAST LTD | 195.21 | 101.80 | 19,872.4 |
| ORIENT ELECTRIC LTD | 61.91 | 81.94 | 5,072.8 |
| HAWKINS COOKERS LTD | 112.97 | 39.63 | 4,477.6 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs TTK PRESTIGE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 39.63x |
| Max industry PE | 101.80x |
| Median industry PE | 76.79x |
| Average industry PE | 70.36x |
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