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TITAN COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of TITAN COMPANY is 91.97.

Share Price ₹3,584.4Apr 26,2024
Market Cap ₹318,223.0 Cr
Earnings-TTM₹3,460.0 CrTTM-Consolidated Results
Price/Earnings91.97xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of TITAN COMPANY is calculated as :

Current Market Cap [ ₹318,223.0 Cr] as on Apr 26,2024

(/) Earnings [ ₹3,460.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 91.97x ]

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 91.97 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 91.97x.

- 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 RatioMarket Cap
TITAN COMPANY 3,460.0091.97318,223.0
KALYAN JEWELLERS INDIA LTD528.5981.5843,123.2
RAJESH EXPORTS LTD733.1112.849,415.8
SENCO GOLD LTD252.2929.007,316.6
THANGAMAYIL JEWELLERY LTD126.0328.603,604.7
PC JEWELLER LTD-810.14-2.892,342.8
GOLDIAM INTERNATIONAL LTD89.3621.221,896.2
DP ABHUSHAN LTD50.1550.402,527.6
ASIAN STAR COMPANY LTD76.1617.171,307.8
RENAISSANCE GLOBAL LTD72.3015.051,088.3
RADHIKA JEWELTECH LTD43.4217.44757.2

Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs TITAN COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -2.89x
Max industry PE 91.97x
Median industry PE 21.22x
Average industry PE 32.94x



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