TITAGARH RAILSYSTEMS
|
The Current P/E Ratio of TITAGARH RAILSYSTEMS is 54.84.
| Share Price | ₹1,056.0 | Apr 30,2024 |
| Market Cap | ₹14,224.3 Cr | |
| Earnings-TTM | ₹259.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 54.84x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TITAGARH RAILSYSTEMS
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)
Current Market Cap [ ₹14,224.3 Cr] as on Apr 30,2024
(/) Earnings [ ₹259.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.84x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TITAGARH RAILSYSTEMS , the investors are currently willing to pay 54.84 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 TITAGARH RAILSYSTEMS !
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 TITAGARH RAILSYSTEMS over the last five years.
Thus, for TITAGARH RAILSYSTEMS , the investors are currently willing to pay 54.84 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 TITAGARH RAILSYSTEMS !
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 TITAGARH RAILSYSTEMS over the last five years.
Historical PE (Price/Earnings) ratio chart of TITAGARH RAILSYSTEMS
PE Ratio Performance Analysis for TITAGARH RAILSYSTEMS
- TITAGARH RAILSYSTEMS 's latest p/e ratio is 54.84x.
- TITAGARH RAILSYSTEMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.82x.
- TITAGARH RAILSYSTEMS '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, TITAGARH RAILSYSTEMS 's p/e ratio peaked in Mar2023 at 24.08x.
- TITAGARH RAILSYSTEMS 's p/e ratio hit its five-year low in Mar2022 of 0x.
- TITAGARH RAILSYSTEMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.82x.
- TITAGARH RAILSYSTEMS '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, TITAGARH RAILSYSTEMS 's p/e ratio peaked in Mar2023 at 24.08x.
- TITAGARH RAILSYSTEMS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does TITAGARH RAILSYSTEMS 's P/E Ratio benchmark against top 10 peers in Railways Wagons Industry?
| Peer Comparison (Railways Wagons Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TITAGARH RAILSYSTEMS | 259.39 | 54.84 | 14,224.3 |
| JUPITER WAGONS LTD | 267.47 | 62.97 | 16,842.2 |
| TEXMACO RAIL & ENGINEERING LTD | 69.46 | 104.71 | 7,272.3 |
Railways Wagons Industry Benchmark (Top 10) PE Analysis vs TITAGARH RAILSYSTEMS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 54.84x |
| Max industry PE | 104.71x |
| Median industry PE | 62.97x |
| Average industry PE | 74.17x |
You may also like the below Video Courses
