TITAN COMPANY
|
The Current P/E Ratio of TITAN COMPANY is 91.67.
| Share Price | ₹3,572.7 | Apr 25,2024 |
| Market Cap | ₹317,179.9 Cr | |
| Earnings-TTM | ₹3,460.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 91.67x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TITAN COMPANY
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 [ ₹317,179.9 Cr] as on Apr 25,2024
(/) Earnings [ ₹3,460.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 91.67x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TITAN COMPANY , the investors are currently willing to pay 91.67 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 TITAN COMPANY !
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 TITAN COMPANY over the last five years.
Thus, for TITAN COMPANY , the investors are currently willing to pay 91.67 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 TITAN COMPANY !
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 TITAN COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of TITAN COMPANY
PE Ratio Performance Analysis for TITAN COMPANY
- TITAN COMPANY 's latest p/e ratio is 91.67x.
- TITAN COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 88.49x.
- TITAN COMPANY 's operated at median p/e ratio of 71.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TITAN COMPANY 's p/e ratio peaked in Mar2021 at 142.45x.
- TITAN COMPANY 's p/e ratio hit its five-year low in Mar2020 of 55.35x.
- TITAN COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 88.49x.
- TITAN COMPANY 's operated at median p/e ratio of 71.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TITAN COMPANY 's p/e ratio peaked in Mar2021 at 142.45x.
- TITAN COMPANY 's p/e ratio hit its five-year low in Mar2020 of 55.35x.
How does TITAN COMPANY 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
| Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TITAN COMPANY | 3,460.00 | 91.67 | 317,179.9 |
| KALYAN JEWELLERS INDIA LTD | 528.59 | 81.43 | 43,040.8 |
| RAJESH EXPORTS LTD | 733.11 | 12.88 | 9,445.4 |
| SENCO GOLD LTD | 252.29 | 28.97 | 7,309.6 |
| THANGAMAYIL JEWELLERY LTD | 126.03 | 28.59 | 3,603.5 |
| PC JEWELLER LTD | -810.14 | -3.04 | 2,465.7 |
| GOLDIAM INTERNATIONAL LTD | 89.36 | 21.45 | 1,917.0 |
| DP ABHUSHAN LTD | 50.15 | 45.51 | 2,282.4 |
| ASIAN STAR COMPANY LTD | 76.16 | 17.17 | 1,307.9 |
| RENAISSANCE GLOBAL LTD | 72.30 | 15.07 | 1,089.6 |
| RADHIKA JEWELTECH LTD | 43.42 | 17.21 | 747.4 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs TITAN COMPANY 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -3.04x |
| Max industry PE | 91.67x |
| Median industry PE | 21.45x |
| Average industry PE | 32.45x |
You may also like the below Video Courses
