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TINNA RUBBER AND INFRASTRUCTURE
PE (Price/Earnings) Ratio

The Current P/E Ratio of TINNA RUBBER AND INFRASTRUCTURE is 51.04.

Share Price ₹875.1Apr 23,2024
Market Cap ₹1,496.4 Cr
Earnings-TTM₹29.3 CrTTM-Consolidated Results
Price/Earnings51.04xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TINNA RUBBER AND INFRASTRUCTURE

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 TINNA RUBBER AND INFRASTRUCTURE is calculated as :

Current Market Cap [ ₹1,496.4 Cr] as on Apr 23,2024

(/) Earnings [ ₹29.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 51.04x ]

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

Thus, for TINNA RUBBER AND INFRASTRUCTURE , the investors are currently willing to pay 51.04 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 TINNA RUBBER AND INFRASTRUCTURE !

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 TINNA RUBBER AND INFRASTRUCTURE over the last five years.

Historical PE (Price/Earnings) ratio chart of TINNA RUBBER AND INFRASTRUCTURE


PE Ratio Performance Analysis for TINNA RUBBER AND INFRASTRUCTURE

- TINNA RUBBER AND INFRASTRUCTURE 's latest p/e ratio is 51.04x.

- TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.82x.

- TINNA RUBBER AND INFRASTRUCTURE '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, TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio peaked in Mar2022 at 15.47x.

- TINNA RUBBER AND INFRASTRUCTURE 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does TINNA RUBBER AND INFRASTRUCTURE 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TINNA RUBBER AND INFRASTRUCTURE 29.3251.041,496.4
PIDILITE INDUSTRIES LTD1,732.5285.61148,313.0
SOLAR INDUSTRIES INDIA LTD855.5491.4178,203.8
SRF LTD1,475.9552.5677,574.4
GUJARAT FLUOROCHEMICALS LTD665.8761.3840,874.1
DEEPAK NITRITE LTD790.8740.8732,323.8
TATA CHEMICALS LTD1,891.0015.0228,397.7
GODREJ INDUSTRIES LTD625.2046.0428,785.4
AARTI INDUSTRIES LTD434.0061.8526,841.6
ATUL LTD349.6349.9117,449.7
VINATI ORGANICS LTD359.7147.7317,169.6

Chemicals Industry Benchmark (Top 10) PE Analysis vs TINNA RUBBER AND INFRASTRUCTURE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 15.02x
Max industry PE 91.41x
Median industry PE 51.04x
Average industry PE 54.86x



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