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TRANSPORT CORPORATION OF INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of TRANSPORT CORPORATION OF INDIA is 24.86.

Share Price ₹855.0Apr 19,2024
Market Cap ₹6,643.4 Cr
Earnings-TTM₹267.2 CrTTM-Consolidated Results
Price/Earnings24.86xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TRANSPORT CORPORATION OF INDIA

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 TRANSPORT CORPORATION OF INDIA is calculated as :

Current Market Cap [ ₹6,643.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹267.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.86x ]

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

Thus, for TRANSPORT CORPORATION OF INDIA , the investors are currently willing to pay 24.86 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 TRANSPORT CORPORATION OF INDIA !

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 TRANSPORT CORPORATION OF INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of TRANSPORT CORPORATION OF INDIA


PE Ratio Performance Analysis for TRANSPORT CORPORATION OF INDIA

- TRANSPORT CORPORATION OF INDIA 's latest p/e ratio is 24.86x.

- TRANSPORT CORPORATION OF INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.41x.

- TRANSPORT CORPORATION OF INDIA 's operated at median p/e ratio of 15.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TRANSPORT CORPORATION OF INDIA 's p/e ratio peaked in Mar2019 at 17.14x.

- TRANSPORT CORPORATION OF INDIA 's p/e ratio hit its five-year low in Mar2020 of 10.15x.


How does TRANSPORT CORPORATION OF INDIA 's P/E Ratio benchmark against top 10 peers in Logistics Industry?

Peer Comparison (Logistics Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TRANSPORT CORPORATION OF INDIA 267.2124.866,643.4
CONTAINER CORPORATION OF INDIA LTD1,204.9346.6956,256.1
AEGIS LOGISTICS LTD594.2429.2117,356.9
ALLCARGO LOGISTICS LTD216.3332.256,976.8
TVS SUPPLY CHAIN SOLUTIONS LTD-63.50-125.037,939.2
GATEWAY DISTRIPARKS LTD264.2319.415,128.8
VRL LOGISTICS LTD315.7015.434,871.6
MAHINDRA LOGISTICS LTD-39.96-81.933,274.0
LANCER CONTAINER LINES LTD53.3530.361,619.8
NAVKAR CORPORATION LTD4.99325.221,623.5
ALLCARGO TERMINALS LTD44.5732.221,436.1

Logistics Industry Benchmark (Top 10) PE Analysis vs TRANSPORT CORPORATION OF INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -125.03x
Max industry PE 325.22x
Median industry PE 29.21x
Average industry PE 31.70x



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