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TILAKNAGAR INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of TILAKNAGAR INDUSTRIES is 26.00.

Share Price ₹223.6Apr 19,2024
Market Cap ₹4,307.8 Cr
Earnings-TTM₹165.7 CrTTM-Consolidated Results
Price/Earnings26.00xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TILAKNAGAR INDUSTRIES

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 TILAKNAGAR INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 26.00x.

- 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 RatioMarket Cap
TILAKNAGAR INDUSTRIES 165.6626.004,307.8
UNITED SPIRITS LTD1,270.4064.2881,659.7
UNITED BREWERIES LTD339.18143.0248,509.1
RADICO KHAITAN LTD236.17100.5823,753.2
SULA VINEYARDS LTD94.0049.734,674.1
SOM DISTILLERIES BREWERIES & WINERIES LTD82.3829.932,465.4
GLOBUS SPIRITS LTD132.2116.802,221.0
GM BREWERIES LTD151.529.081,375.8
ASSOCIATED ALCOHOLS & BREWERIES LTD48.1721.051,014.0
JAGATJIT INDUSTRIES LTD12.4266.54826.4

Breweries & Distilleries Industry Benchmark (Top 10) PE Analysis vs TILAKNAGAR INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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