TIPS INDUSTRIES
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The Current P/E Ratio of TIPS INDUSTRIES is 43.60.
Share Price | ₹431.8 | May 13,2024 |
Market Cap | ₹5,544.3 Cr | |
Earnings-TTM | ₹127.2 Cr | TTM-Standalone Results |
Price/Earnings | 43.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TIPS INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,544.3 Cr] as on May 13,2024
(/) Earnings [ ₹127.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.60x ]
Thus, for TIPS INDUSTRIES , the investors are currently willing to pay 43.60 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 TIPS 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 TIPS INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of TIPS INDUSTRIES
PE Ratio Performance Analysis for TIPS INDUSTRIES
- TIPS INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.52x.
- TIPS INDUSTRIES 's operated at median p/e ratio of 2.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TIPS INDUSTRIES 's p/e ratio peaked in Mar2022 at 4.42x.
- TIPS INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 1.22x.
How does TIPS INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Film Production, Distribution & Entertainment Industry?
Peer Comparison (Film Production, Distribution & Entertainment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TIPS INDUSTRIES | 127.17 | 43.60 | 5,544.3 |
PVR INOX LTD | -236.99 | -54.53 | 12,922.3 |
SAREGAMA INDIA LTD | 187.27 | 43.93 | 8,227.2 |
PRIME FOCUS LTD | -217.61 | -13.41 | 2,919.0 |
MEDIA MATRIX WORLDWIDE LTD | 4.58 | 443.51 | 2,032.1 |
PANORAMA STUDIOS INTERNATIONAL LTD | 15.07 | 77.84 | 1,172.7 |
BALAJI TELEFILMS LTD | 29.71 | 23.58 | 700.8 |
UFO MOVIEZ INDIA LTD | 4.52 | 109.26 | 493.8 |
VASHU BHAGNANI INDUSTRIES LTD | 3.03 | 199.52 | 604.9 |
CINELINE INDIA LTD | -4.97 | -82.03 | 407.4 |
SHEMAROO ENTERTAINMENT LTD | -21.36 | -20.53 | 438.5 |
Film Production, Distribution & Entertainment Industry Benchmark (Top 10) PE Analysis vs TIPS INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -82.03x |
Max industry PE | 443.51x |
Median industry PE | 43.60x |
Average industry PE | 70.07x |
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