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TARC
PE (Price/Earnings) Ratio

The Current P/E Ratio of TARC is -173.50.

Share Price ₹139.9Mar 28,2024
Market Cap ₹4,127.0 Cr
Earnings-TTM₹-23.8 CrTTM-Consolidated Results
Price/Earnings-173.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TARC

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)

Applying the above formula, P/E ratio of TARC is calculated as :

Current Market Cap [ ₹4,127.0 Cr] as on Mar 28,2024

(/) Earnings [ ₹-23.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -173.50x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for TARC , the investors are currently willing to pay -173.50 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 TARC !

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 TARC over the last five years.

Historical PE (Price/Earnings) ratio chart of TARC


PE Ratio Performance Analysis for TARC

- TARC 's latest p/e ratio is -173.50x.

- TARC 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 47.02x.

- TARC 's operated at median p/e ratio of 49.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, TARC 's p/e ratio peaked in Mar2021 at 138.54x.

- TARC 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does TARC 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TARC -23.79-173.504,127.0
DLF LTD1,285.14173.02222,357.0
MACROTECH DEVELOPERS LTD1,648.5668.39112,746.0
GODREJ PROPERTIES LTD640.9599.7363,923.1
OBEROI REALTY LTD1,552.7434.5153,582.2
THE PHOENIX MILLS LTD1,230.7240.2349,513.4
PRESTIGE ESTATES PROJECTS LTD1,903.1024.6446,898.8
BRIGADE ENTERPRISES LTD253.2785.3721,622.7
NBCC (INDIA) LTD386.5755.4321,429.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-273.5319,098.9
SOBHA LTD90.69151.0513,698.1

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs TARC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -273.53x
Max industry PE 173.02x
Median industry PE 55.43x
Average industry PE 25.94x



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