TILAKNAGAR INDUSTRIES
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The Current P/E Ratio of TILAKNAGAR INDUSTRIES is 26.00.
Share Price | ₹223.6 | Apr 19,2024 |
Market Cap | ₹4,307.8 Cr | |
Earnings-TTM | ₹165.7 Cr | TTM-Consolidated Results |
Price/Earnings | 26.00x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of TILAKNAGAR INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,307.8 Cr] as on Apr 19,2024
(/) Earnings [ ₹165.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.00x ]
Thus, for TILAKNAGAR INDUSTRIES , the investors are currently willing to pay 26.00 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 TILAKNAGAR INDUSTRIES !
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 TILAKNAGAR INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of TILAKNAGAR INDUSTRIES
PE Ratio Performance Analysis for TILAKNAGAR INDUSTRIES
- TILAKNAGAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.59x.
- TILAKNAGAR INDUSTRIES 's operated at median p/e ratio of 0.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TILAKNAGAR INDUSTRIES 's p/e ratio peaked in Mar2022 at 23.33x.
- TILAKNAGAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TILAKNAGAR INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
Peer Comparison (Breweries & Distilleries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TILAKNAGAR INDUSTRIES | 165.66 | 26.00 | 4,307.8 |
UNITED SPIRITS LTD | 1,270.40 | 64.28 | 81,659.7 |
UNITED BREWERIES LTD | 339.18 | 143.02 | 48,509.1 |
RADICO KHAITAN LTD | 236.17 | 100.58 | 23,753.2 |
SULA VINEYARDS LTD | 94.00 | 49.73 | 4,674.1 |
SOM DISTILLERIES BREWERIES & WINERIES LTD | 82.38 | 29.93 | 2,465.4 |
GLOBUS SPIRITS LTD | 132.21 | 16.80 | 2,221.0 |
GM BREWERIES LTD | 151.52 | 9.08 | 1,375.8 |
ASSOCIATED ALCOHOLS & BREWERIES LTD | 48.17 | 21.05 | 1,014.0 |
JAGATJIT INDUSTRIES LTD | 12.42 | 66.54 | 826.4 |
Breweries & Distilleries Industry Benchmark (Top 10) PE Analysis vs TILAKNAGAR INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.08x |
Max industry PE | 143.02x |
Median industry PE | 49.73x |
Average industry PE | 52.70x |
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