TIL
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The Current P/E Ratio of TIL is 25.86.
Share Price | ₹234.8 | Apr 25,2024 |
Market Cap | ₹1,563.8 Cr | |
Earnings-TTM | ₹60.5 Cr | TTM-Consolidated Results |
Price/Earnings | 25.86x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TIL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,563.8 Cr] as on Apr 25,2024
(/) Earnings [ ₹60.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 25.86x ]
Thus, for TIL , the investors are currently willing to pay 25.86 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 TIL !
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 TIL over the last five years.
Historical PE (Price/Earnings) ratio chart of TIL
PE Ratio Performance Analysis for TIL
- TIL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.19x.
- TIL '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, TIL 's p/e ratio peaked in Mar2019 at 10.93x.
- TIL 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does TIL 's P/E Ratio benchmark against top 10 peers in Construction Vehicles Industry?
Peer Comparison (Construction Vehicles Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TIL | 60.48 | 25.86 | 1,563.8 |
ACTION CONSTRUCTION EQUIPMENT LTD | 276.90 | 66.77 | 18,488.3 |
BEML LTD | 182.66 | 82.31 | 15,034.9 |
SANGHVI MOVERS LTD | 174.19 | 34.01 | 5,924.4 |
BRADY & MORRIS ENGINEERING COMPANY LTD | 7.40 | 29.36 | 217.3 |
Construction Vehicles Industry Benchmark (Top 10) PE Analysis vs TIL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.86x |
Max industry PE | 82.31x |
Median industry PE | 34.01x |
Average industry PE | 47.66x |
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