TT
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The Current P/E Ratio of TT is 19.96.
Share Price | ₹12.8 | May 08,2025 |
Market Cap | ₹288.2 Cr | |
Earnings-TTM | ₹14.4 Cr | TTM-Standalone Results |
Price/Earnings | 19.96x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹288.2 Cr] as on May 08,2025
(/) Earnings [ ₹14.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.96x ]
Thus, for TT , the investors are currently willing to pay 19.96 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.72x.
- 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 Mar2024 at 48.57x.
- 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 Ratio | Market Cap |
---|---|---|---|
TT | 14.44 | 19.96 | 288.2 |
PAGE INDUSTRIES LTD | 673.34 | 74.74 | 50,324.6 |
KPR MILL LTD | 824.17 | 49.23 | 40,569.9 |
VEDANT FASHIONS LTD | 402.90 | 43.58 | 17,556.3 |
SWAN ENERGY LTD | 952.00 | 13.10 | 12,469.3 |
VARDHMAN TEXTILES LTD | 838.99 | 16.27 | 13,653.4 |
WELSPUN LIVING LTD | 641.09 | 20.62 | 13,221.9 |
ALOK INDUSTRIES LTD | -815.47 | -10.05 | 8,192.7 |
ARVIND LTD | 317.25 | 31.45 | 9,977.9 |
GARWARE TECHNICAL FIBRES LTD | 229.96 | 38.41 | 8,832.2 |
JINDAL WORLDWIDE LTD | 82.02 | 78.82 | 6,464.8 |
Textile Industry Benchmark (Top 10) PE Analysis vs TT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.05x |
Max industry PE | 78.82x |
Median industry PE | 31.45x |
Average industry PE | 34.19x |
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