Home > PE Ratio > TIMEX GROUP INDIA

TIMEX GROUP INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of TIMEX GROUP INDIA is 37.74.

Share Price ₹135.2Apr 24,2024
Market Cap ₹1,364.2 Cr
Earnings-TTM₹36.2 CrTTM-Standalone Results
Price/Earnings37.74xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for TIMEX GROUP INDIA
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of TIMEX GROUP 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 TIMEX GROUP INDIA is calculated as :

Current Market Cap [ ₹1,364.2 Cr] as on Apr 24,2024

(/) Earnings [ ₹36.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 37.74x ]

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

Thus, for TIMEX GROUP INDIA , the investors are currently willing to pay 37.74 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 TIMEX GROUP 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 TIMEX GROUP INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of TIMEX GROUP INDIA


PE Ratio Performance Analysis for TIMEX GROUP INDIA

- TIMEX GROUP INDIA 's latest p/e ratio is 37.74x.

- TIMEX GROUP INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 60.98x.

- TIMEX GROUP INDIA 's operated at median p/e ratio of 26.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TIMEX GROUP INDIA 's p/e ratio peaked in Mar2022 at 208.91x.

- TIMEX GROUP INDIA 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TIMEX GROUP INDIA 's P/E Ratio benchmark against top 10 peers in Watches & Accessories Industry?

Peer Comparison (Watches & Accessories Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TIMEX GROUP INDIA 36.1537.741,364.2
KDDL LTD123.1126.853,306.0

Watches & Accessories Industry Benchmark (Top 10) PE Analysis vs TIMEX GROUP INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 26.85x
Max industry PE 37.74x
Median industry PE 37.74x
Average industry PE 32.30x



You may also like the below Video Courses