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TOUCHWOOD ENTERTAINMENT
PE (Price/Earnings) Ratio

The Current P/E Ratio of TOUCHWOOD ENTERTAINMENT is 60.61.

Share Price ₹153.1Apr 24,2024
Market Cap ₹169.9 Cr
Earnings-TTM₹2.8 CrTTM-Consolidated Results
Price/Earnings60.61xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TOUCHWOOD ENTERTAINMENT

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 TOUCHWOOD ENTERTAINMENT is calculated as :

Current Market Cap [ ₹169.9 Cr] as on Apr 24,2024

(/) Earnings [ ₹2.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 60.61x ]

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

Thus, for TOUCHWOOD ENTERTAINMENT , the investors are currently willing to pay 60.61 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 TOUCHWOOD ENTERTAINMENT !

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 TOUCHWOOD ENTERTAINMENT over the last five years.

Historical PE (Price/Earnings) ratio chart of TOUCHWOOD ENTERTAINMENT


PE Ratio Performance Analysis for TOUCHWOOD ENTERTAINMENT

- TOUCHWOOD ENTERTAINMENT 's latest p/e ratio is 60.61x.

- TOUCHWOOD ENTERTAINMENT 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 77.11x.

- TOUCHWOOD ENTERTAINMENT 's operated at median p/e ratio of 65.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, TOUCHWOOD ENTERTAINMENT 's p/e ratio peaked in Mar2021 at 118.88x.

- TOUCHWOOD ENTERTAINMENT 's p/e ratio hit its five-year low in Mar2022 of 46.94x.


How does TOUCHWOOD ENTERTAINMENT 's P/E Ratio benchmark against top 10 peers in Professional Services Industry?

Peer Comparison (Professional Services Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TOUCHWOOD ENTERTAINMENT 2.8060.61169.9
BLS INTERNATIONAL SERVICES LTD316.9043.3213,729.5
RATTANINDIA ENTERPRISES LTD371.4728.0510,418.2
SIS LTD269.7425.446,863.5
TEAMLEASE SERVICES LTD108.9050.105,455.7
PRAVEG LTD16.53140.682,325.6
UPDATER SERVICES LTD46.8644.332,077.1
KAPSTON SERVICES LTD10.7127.22291.6
AARVI ENCON LTD11.7619.32227.1
SAGARSOFT (INDIA) LTD7.3118.70136.6

Professional Services Industry Benchmark (Top 10) PE Analysis vs TOUCHWOOD ENTERTAINMENT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 18.70x
Max industry PE 140.68x
Median industry PE 43.32x
Average industry PE 45.78x



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