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TT
PE (Price/Earnings) Ratio

The Current P/E Ratio of TT is -50.90.

Share Price ₹112.5Apr 25,2024
Market Cap ₹241.9 Cr
Earnings-TTM₹-4.8 CrTTM-Standalone Results
Price/Earnings-50.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TT

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 TT is calculated as :

Current Market Cap [ ₹241.9 Cr] as on Apr 25,2024

(/) Earnings [ ₹-4.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -50.90x ]

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

Thus, for TT , the investors are currently willing to pay -50.90 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 TT !

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 TT over the last five years.

Historical PE (Price/Earnings) ratio chart of TT


PE Ratio Performance Analysis for TT

- TT 's latest p/e ratio is -50.90x.

- TT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 159.79x.

- TT 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TT 's p/e ratio peaked in Mar2019 at 783.91x.

- TT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does TT 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TT -4.75-50.90241.9
PAGE INDUSTRIES LTD539.3473.5039,641.6
KPR MILL LTD801.2937.0129,652.4
VEDANT FASHIONS LTD407.2555.2422,497.0
SWAN ENERGY LTD646.4629.9019,330.9
WELSPUN LIVING LTD672.6322.4315,087.3
ALOK INDUSTRIES LTD-845.86-16.2013,699.1
VARDHMAN TEXTILES LTD557.5923.9013,326.6
ARVIND LTD340.7424.668,403.6
GARWARE TECHNICAL FIBRES LTD198.3732.796,504.1
JINDAL WORLDWIDE LTD74.0190.666,709.4

Textile Industry Benchmark (Top 10) PE Analysis vs TT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -50.90x
Max industry PE 90.66x
Median industry PE 29.90x
Average industry PE 29.36x



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