TANTIA CONSTRUCTIONS
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The Current P/E Ratio of TANTIA CONSTRUCTIONS is 61.33.
Share Price | ₹36.6 | May 15,2024 |
Market Cap | ₹567.9 Cr | |
Earnings-TTM | ₹9.3 Cr | TTM-Consolidated Results |
Price/Earnings | 61.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TANTIA CONSTRUCTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹567.9 Cr] as on May 15,2024
(/) Earnings [ ₹9.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 61.33x ]
Thus, for TANTIA CONSTRUCTIONS , the investors are currently willing to pay 61.33 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 TANTIA CONSTRUCTIONS !
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 TANTIA CONSTRUCTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of TANTIA CONSTRUCTIONS
PE Ratio Performance Analysis for TANTIA CONSTRUCTIONS
- TANTIA CONSTRUCTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.11x.
- TANTIA CONSTRUCTIONS '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, TANTIA CONSTRUCTIONS 's p/e ratio peaked in Mar2021 at 0.56x.
- TANTIA CONSTRUCTIONS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does TANTIA CONSTRUCTIONS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TANTIA CONSTRUCTIONS | 9.26 | 61.33 | 567.9 |
LARSEN & TOUBRO LTD | 15,569.70 | 30.11 | 468,812.0 |
RAIL VIKAS NIGAM LTD | 1,375.64 | 41.77 | 57,463.1 |
GMR AIRPORTS INFRASTRUCTURE LTD | -1,531.32 | -33.05 | 50,605.4 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 920.67 | 43.10 | 39,676.2 |
IRCON INTERNATIONAL LTD | 865.98 | 26.36 | 22,831.0 |
KEC INTERNATIONAL LTD | 346.78 | 56.41 | 19,561.8 |
KALPATARU PROJECTS INTERNATIONAL LTD | 516.00 | 37.11 | 19,147.5 |
NCC LTD | 735.13 | 21.44 | 15,762.1 |
GR INFRAPROJECTS LTD | 1,159.56 | 12.17 | 14,112.2 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -210.82 | -84.07 | 17,724.5 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs TANTIA CONSTRUCTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -84.07x |
Max industry PE | 61.33x |
Median industry PE | 30.11x |
Average industry PE | 19.33x |
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