TVS ELECTRONICS
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The Current P/E Ratio of TVS ELECTRONICS is 464.33.
Share Price | ₹300.5 | Apr 22,2024 |
Market Cap | ₹561.8 Cr | |
Earnings-TTM | ₹1.2 Cr | TTM-Standalone Results |
Price/Earnings | 464.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TVS ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹561.8 Cr] as on Apr 22,2024
(/) Earnings [ ₹1.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 464.33x ]
Thus, for TVS ELECTRONICS , the investors are currently willing to pay 464.33 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 TVS ELECTRONICS !
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 TVS ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of TVS ELECTRONICS
PE Ratio Performance Analysis for TVS ELECTRONICS
- TVS ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 141.99x.
- TVS ELECTRONICS 's operated at median p/e ratio of 65.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TVS ELECTRONICS 's p/e ratio peaked in Mar2021 at 311.24x.
- TVS ELECTRONICS 's p/e ratio hit its five-year low in Mar2022 of 31.61x.
How does TVS ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TVS ELECTRONICS | 1.21 | 464.33 | 561.8 |
ADANI ENTERPRISES LTD | 3,751.70 | 93.12 | 349,365.0 |
REDINGTON LTD | 1,243.11 | 13.70 | 17,027.1 |
HONASA CONSUMER LTD | 77.66 | 168.81 | 13,109.2 |
MMTC LTD | 49.62 | 219.20 | 10,876.5 |
MSTC LTD | 239.56 | 25.53 | 6,117.1 |
LLOYDS ENTERPRISES LTD | 132.28 | 31.95 | 4,226.0 |
VERITAS (INDIA) LTD | 191.62 | 19.75 | 3,785.2 |
NOVARTIS INDIA LTD | 95.53 | 26.41 | 2,523.0 |
OPTIEMUS INFRACOM LTD | 53.23 | 43.77 | 2,329.7 |
MISHTANN FOODS LTD | 26.01 | 77.55 | 2,017.2 |
Trading Industry Benchmark (Top 10) PE Analysis vs TVS ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.70x |
Max industry PE | 464.33x |
Median industry PE | 43.77x |
Average industry PE | 107.65x |
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