TAINWALA CHEMICALS & PLASTICS (INDIA)
|
The Current P/E Ratio of TAINWALA CHEMICALS & PLASTICS (INDIA) is 51.14.
Share Price | ₹213.6 | Apr 28,2025 |
Market Cap | ₹200.8 Cr | |
Earnings-TTM | ₹3.9 Cr | TTM-Standalone Results |
Price/Earnings | 51.14x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TAINWALA CHEMICALS & PLASTICS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹200.8 Cr] as on Apr 28,2025
(/) Earnings [ ₹3.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 51.14x ]
Thus, for TAINWALA CHEMICALS & PLASTICS (INDIA) , the investors are currently willing to pay 51.14 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 TAINWALA CHEMICALS & PLASTICS (INDIA) !
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 TAINWALA CHEMICALS & PLASTICS (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of TAINWALA CHEMICALS & PLASTICS (INDIA)
PE Ratio Performance Analysis for TAINWALA CHEMICALS & PLASTICS (INDIA)
- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 47.50x.
- TAINWALA CHEMICALS & PLASTICS (INDIA) 's operated at median p/e ratio of 24.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio peaked in Mar2022 at 173.91x.
- TAINWALA CHEMICALS & PLASTICS (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TAINWALA CHEMICALS & PLASTICS (INDIA) | 3.93 | 51.14 | 200.8 |
SUPREME INDUSTRIES LTD | 840.82 | 54.76 | 46,039.6 |
ASTRAL LTD | 522.30 | 70.53 | 36,836.5 |
FINOLEX INDUSTRIES LTD | 770.50 | 14.26 | 10,985.5 |
GARWARE HITECH FILMS LTD | 311.23 | 24.87 | 7,739.9 |
TIME TECHNOPLAST LTD | 376.88 | 21.09 | 7,948.2 |
EPL LTD | 264.30 | 23.51 | 6,212.4 |
SHAILY ENGINEERING PLASTICS LTD | 83.87 | 85.87 | 7,201.4 |
RESPONSIVE INDUSTRIES LTD | 190.49 | 25.54 | 4,864.3 |
JAIN IRRIGATION SYSTEMS LTD | 33.51 | 108.22 | 3,626.5 |
POLYPLEX CORPORATION LTD | 397.74 | 9.91 | 3,942.6 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs TAINWALA CHEMICALS & PLASTICS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.91x |
Max industry PE | 108.22x |
Median industry PE | 25.54x |
Average industry PE | 44.52x |
You may also like the below Video Courses