Home > PE Ratio > TT

TT
PE (Price/Earnings) Ratio

The Current P/E Ratio of TT is -49.77.

Share Price ₹110.0May 16,2024
Market Cap ₹236.5 Cr
Earnings-TTM₹-4.8 CrTTM-Standalone Results
Price/Earnings-49.77xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for TT
Please provide your vote to see the results

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 [ ₹236.5 Cr] as on May 16,2024

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

(=) P/E Ratio [ -49.77x ]

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 -49.77 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 -49.77x.

- 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 -4.75-49.77236.5
PAGE INDUSTRIES LTD539.3473.5239,654.3
KPR MILL LTD805.3535.2328,370.6
VEDANT FASHIONS LTD414.1761.0925,303.7
SWAN ENERGY LTD646.4628.2518,263.6
WELSPUN LIVING LTD672.6320.8314,013.5
ALOK INDUSTRIES LTD-845.86-15.7713,336.6
VARDHMAN TEXTILES LTD594.0522.5113,374.3
ARVIND LTD352.7128.149,925.0
GARWARE TECHNICAL FIBRES LTD198.3732.636,472.4
JINDAL WORLDWIDE LTD74.0195.087,036.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -49.77x
Max industry PE 95.08x
Median industry PE 28.25x
Average industry PE 30.16x



You may also like the below Video Courses