TCI EXPRESS
|
The Current P/E Ratio of TCI EXPRESS is 28.75.
| Share Price | ₹1,040.2 | Apr 26,2024 |
| Market Cap | ₹3,983.8 Cr | |
| Earnings-TTM | ₹138.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.75x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TCI EXPRESS
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 [ ₹3,983.8 Cr] as on Apr 26,2024
(/) Earnings [ ₹138.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.75x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TCI EXPRESS , the investors are currently willing to pay 28.75 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 TCI EXPRESS !
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 TCI EXPRESS over the last five years.
Thus, for TCI EXPRESS , the investors are currently willing to pay 28.75 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 TCI EXPRESS !
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 TCI EXPRESS over the last five years.
Historical PE (Price/Earnings) ratio chart of TCI EXPRESS
PE Ratio Performance Analysis for TCI EXPRESS
- TCI EXPRESS 's latest p/e ratio is 28.75x.
- TCI EXPRESS 's p/e ratio for fiscal years ending Mar2023 to Mar2023 averaged 41.07x.
- TCI EXPRESS 's operated at median p/e ratio of 41.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 1 fiscal years, TCI EXPRESS 's p/e ratio peaked in Mar2023 at 41.07x.
- TCI EXPRESS 's p/e ratio hit its five-year low in Mar2023 of 41.07x.
- TCI EXPRESS 's p/e ratio for fiscal years ending Mar2023 to Mar2023 averaged 41.07x.
- TCI EXPRESS 's operated at median p/e ratio of 41.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 1 fiscal years, TCI EXPRESS 's p/e ratio peaked in Mar2023 at 41.07x.
- TCI EXPRESS 's p/e ratio hit its five-year low in Mar2023 of 41.07x.
How does TCI EXPRESS 's P/E Ratio benchmark against top 10 peers in Logistics Industry?
| Peer Comparison (Logistics Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TCI EXPRESS | 138.55 | 28.75 | 3,983.8 |
| CONTAINER CORPORATION OF INDIA LTD | 1,204.93 | 54.01 | 65,081.8 |
| AEGIS LOGISTICS LTD | 594.24 | 37.56 | 22,321.8 |
| ALLCARGO LOGISTICS LTD | 216.33 | 33.66 | 7,282.4 |
| TVS SUPPLY CHAIN SOLUTIONS LTD | -63.50 | -126.52 | 8,033.8 |
| TRANSPORT CORPORATION OF INDIA LTD | 267.21 | 25.51 | 6,816.2 |
| GATEWAY DISTRIPARKS LTD | 264.23 | 20.34 | 5,373.7 |
| VRL LOGISTICS LTD | 315.70 | 15.72 | 4,961.7 |
| MAHINDRA LOGISTICS LTD | -52.07 | -65.27 | 3,398.6 |
| LANCER CONTAINER LINES LTD | 53.35 | 29.90 | 1,594.8 |
| NAVKAR CORPORATION LTD | 4.99 | 321.69 | 1,605.9 |
Logistics Industry Benchmark (Top 10) PE Analysis vs TCI EXPRESS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -126.52x |
| Max industry PE | 321.69x |
| Median industry PE | 28.75x |
| Average industry PE | 34.12x |
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