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TIDE WATER OIL COMPANY (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of TIDE WATER OIL COMPANY (INDIA) is 25.66.

Share Price ₹1,822.1May 03,2024
Market Cap ₹3,170.4 Cr
Earnings-TTM₹123.5 CrTTM-Consolidated Results
Price/Earnings25.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TIDE WATER OIL COMPANY (INDIA)

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 TIDE WATER OIL COMPANY (INDIA) is calculated as :

Current Market Cap [ ₹3,170.4 Cr] as on May 03,2024

(/) Earnings [ ₹123.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 25.66x ]

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

Thus, for TIDE WATER OIL COMPANY (INDIA) , the investors are currently willing to pay 25.66 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 TIDE WATER OIL COMPANY (INDIA) !

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 TIDE WATER OIL COMPANY (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of TIDE WATER OIL COMPANY (INDIA)


PE Ratio Performance Analysis for TIDE WATER OIL COMPANY (INDIA)

- TIDE WATER OIL COMPANY (INDIA) 's latest p/e ratio is 25.66x.

- TIDE WATER OIL COMPANY (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.04x.

- TIDE WATER OIL COMPANY (INDIA) 's operated at median p/e ratio of 3.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIDE WATER OIL COMPANY (INDIA) 's p/e ratio peaked in Mar2022 at 15.37x.

- TIDE WATER OIL COMPANY (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 1.78x.


How does TIDE WATER OIL COMPANY (INDIA) 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TIDE WATER OIL COMPANY (INDIA) 123.5325.663,170.4
CASTROL INDIA LTD877.8722.1319,431.3
GULF OIL LUBRICANTS INDIA LTD283.5017.394,929.1
SAVITA OIL TECHNOLOGIES LTD206.3819.073,935.6
PANAMA PETROCHEM LTD184.9811.382,105.2
GP PETROLEUMS LTD24.5813.87341.0

Lubricants Industry Benchmark (Top 10) PE Analysis vs TIDE WATER OIL COMPANY (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.38x
Max industry PE 25.66x
Median industry PE 19.07x
Average industry PE 18.25x



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