TTK PRESTIGE
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The Current P/E Ratio of TTK PRESTIGE is 42.71.
| Share Price | ₹696.2 | Apr 26,2024 |
| Market Cap | ₹9,648.6 Cr | |
| Earnings-TTM | ₹225.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 42.71x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TTK PRESTIGE
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)
Current Market Cap [ ₹9,648.6 Cr] as on Apr 26,2024
(/) Earnings [ ₹225.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 42.71x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TTK PRESTIGE , the investors are currently willing to pay 42.71 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 TTK PRESTIGE !
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 TTK PRESTIGE over the last five years.
Thus, for TTK PRESTIGE , the investors are currently willing to pay 42.71 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 TTK PRESTIGE !
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 TTK PRESTIGE over the last five years.
Historical PE (Price/Earnings) ratio chart of TTK PRESTIGE
PE Ratio Performance Analysis for TTK PRESTIGE
- TTK PRESTIGE 's latest p/e ratio is 42.71x.
- TTK PRESTIGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.60x.
- TTK PRESTIGE 's operated at median p/e ratio of 4.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TTK PRESTIGE 's p/e ratio peaked in Mar2023 at 38.14x.
- TTK PRESTIGE 's p/e ratio hit its five-year low in Mar2020 of 3.65x.
- TTK PRESTIGE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.60x.
- TTK PRESTIGE 's operated at median p/e ratio of 4.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TTK PRESTIGE 's p/e ratio peaked in Mar2023 at 38.14x.
- TTK PRESTIGE 's p/e ratio hit its five-year low in Mar2020 of 3.65x.
How does TTK PRESTIGE 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
| Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TTK PRESTIGE | 225.92 | 42.71 | 9,648.6 |
| CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 439.90 | 45.82 | 20,158.2 |
| WHIRLPOOL OF INDIA LTD | 208.56 | 91.07 | 18,994.6 |
| BAJAJ ELECTRICALS LTD | 158.42 | 68.18 | 10,800.6 |
| EUREKA FORBES LTD | 94.85 | 103.69 | 9,835.5 |
| SYMPHONY LTD | 116.00 | 55.38 | 6,423.7 |
| IFB INDUSTRIES LTD | 50.52 | 126.17 | 6,374.2 |
| BOROSIL LTD | 89.53 | 45.23 | 4,049.3 |
| PG ELECTROPLAST LTD | 105.59 | 48.36 | 5,105.8 |
| ORIENT ELECTRIC LTD | 87.09 | 53.40 | 4,650.3 |
| HAWKINS COOKERS LTD | 98.51 | 34.26 | 3,374.9 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs TTK PRESTIGE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 34.26x |
| Max industry PE | 126.17x |
| Median industry PE | 53.40x |
| Average industry PE | 64.93x |
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