TAMILNADU PETROPRODUCTS
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The Current P/E Ratio of TAMILNADU PETROPRODUCTS is 16.32.
| Share Price | ₹88.8 | Apr 25,2024 |
| Market Cap | ₹799.6 Cr | |
| Earnings-TTM | ₹49.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 16.32x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TAMILNADU PETROPRODUCTS
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 [ ₹799.6 Cr] as on Apr 25,2024
(/) Earnings [ ₹49.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.32x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TAMILNADU PETROPRODUCTS , the investors are currently willing to pay 16.32 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 TAMILNADU PETROPRODUCTS !
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 TAMILNADU PETROPRODUCTS over the last five years.
Thus, for TAMILNADU PETROPRODUCTS , the investors are currently willing to pay 16.32 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 TAMILNADU PETROPRODUCTS !
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 TAMILNADU PETROPRODUCTS over the last five years.
Historical PE (Price/Earnings) ratio chart of TAMILNADU PETROPRODUCTS
PE Ratio Performance Analysis for TAMILNADU PETROPRODUCTS
- TAMILNADU PETROPRODUCTS 's latest p/e ratio is 16.32x.
- TAMILNADU PETROPRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.04x.
- TAMILNADU PETROPRODUCTS 's operated at median p/e ratio of 5.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAMILNADU PETROPRODUCTS 's p/e ratio peaked in Mar2023 at 6.79x.
- TAMILNADU PETROPRODUCTS 's p/e ratio hit its five-year low in Mar2021 of 3.48x.
- TAMILNADU PETROPRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.04x.
- TAMILNADU PETROPRODUCTS 's operated at median p/e ratio of 5.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAMILNADU PETROPRODUCTS 's p/e ratio peaked in Mar2023 at 6.79x.
- TAMILNADU PETROPRODUCTS 's p/e ratio hit its five-year low in Mar2021 of 3.48x.
How does TAMILNADU PETROPRODUCTS 's P/E Ratio benchmark against top 10 peers in Petrochemicals Industry?
| Peer Comparison (Petrochemicals Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TAMILNADU PETROPRODUCTS | 48.98 | 16.32 | 799.6 |
| RAIN INDUSTRIES LTD | 53.06 | 114.74 | 6,087.9 |
| AGARWAL INDUSTRIAL CORPORATION LTD | 99.51 | 13.46 | 1,339.6 |
| VIKAS LIFECARE LTD | -11.38 | -83.27 | 947.2 |
| KOTHARI PETROCHEMICALS LTD | 61.77 | 12.77 | 788.5 |
| ORICON ENTERPRISES LTD | 19.11 | 34.83 | 665.7 |
| MULTIBASE INDIA LTD | 12.17 | 30.13 | 366.6 |
Petrochemicals Industry Benchmark (Top 10) PE Analysis vs TAMILNADU PETROPRODUCTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -83.27x |
| Max industry PE | 114.74x |
| Median industry PE | 16.32x |
| Average industry PE | 19.85x |
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