TOUCHWOOD ENTERTAINMENT
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The Current P/E Ratio of TOUCHWOOD ENTERTAINMENT is 60.61.
Share Price | ₹153.1 | Apr 24,2024 |
Market Cap | ₹169.9 Cr | |
Earnings-TTM | ₹2.8 Cr | TTM-Consolidated Results |
Price/Earnings | 60.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TOUCHWOOD ENTERTAINMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TOUCHWOOD ENTERTAINMENT | 2.80 | 60.61 | 169.9 |
BLS INTERNATIONAL SERVICES LTD | 316.90 | 43.32 | 13,729.5 |
RATTANINDIA ENTERPRISES LTD | 371.47 | 28.05 | 10,418.2 |
SIS LTD | 269.74 | 25.44 | 6,863.5 |
TEAMLEASE SERVICES LTD | 108.90 | 50.10 | 5,455.7 |
PRAVEG LTD | 16.53 | 140.68 | 2,325.6 |
UPDATER SERVICES LTD | 46.86 | 44.33 | 2,077.1 |
KAPSTON SERVICES LTD | 10.71 | 27.22 | 291.6 |
AARVI ENCON LTD | 11.76 | 19.32 | 227.1 |
SAGARSOFT (INDIA) LTD | 7.31 | 18.70 | 136.6 |
Professional Services Industry Benchmark (Top 10) PE Analysis vs TOUCHWOOD ENTERTAINMENT 's P/E Ratio
Top 10 Industry Peers | PE 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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