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TGV SRACC
PE (Price/Earnings) Ratio

The Current P/E Ratio of TGV SRACC is 12.12.

Share Price ₹96.8Apr 19,2024
Market Cap ₹1,036.6 Cr
Earnings-TTM₹85.5 CrTTM-Standalone Results
Price/Earnings12.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TGV SRACC

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 TGV SRACC is calculated as :

Current Market Cap [ ₹1,036.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹85.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 12.12x ]

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

Thus, for TGV SRACC , the investors are currently willing to pay 12.12 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 TGV SRACC !

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 TGV SRACC over the last five years.

Historical PE (Price/Earnings) ratio chart of TGV SRACC


PE Ratio Performance Analysis for TGV SRACC

- TGV SRACC 's latest p/e ratio is 12.12x.

- TGV SRACC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.27x.

- TGV SRACC 's operated at median p/e ratio of 5.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TGV SRACC 's p/e ratio peaked in Mar2021 at 8.74x.

- TGV SRACC 's p/e ratio hit its five-year low in Mar2020 of 2.56x.


How does TGV SRACC 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TGV SRACC 85.5212.121,036.6
PIDILITE INDUSTRIES LTD1,732.5283.00143,804.0
SOLAR INDUSTRIES INDIA LTD855.5490.1877,156.8
SRF LTD1,475.9550.7574,909.5
GUJARAT FLUOROCHEMICALS LTD665.8759.4039,553.7
DEEPAK NITRITE LTD790.8739.1530,963.9
TATA CHEMICALS LTD1,891.0014.8628,108.5
GODREJ INDUSTRIES LTD625.2044.5627,857.8
AARTI INDUSTRIES LTD434.0060.4026,212.7
ATUL LTD349.6349.6517,360.0
VINATI ORGANICS LTD359.7147.3917,046.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs TGV SRACC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.12x
Max industry PE 90.18x
Median industry PE 49.65x
Average industry PE 50.13x



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