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Thangamayil Jewellery (BOM:533158) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Thangamayil Jewellery Forward PE Ratio Related Terms
Thangamayil Jewellery Forward PE Ratio Historical Data
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The historical data trend for Thangamayil Jewellery's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thangamayil Jewellery Forward PE Ratio Chart
Thangamayil Jewellery Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
25.81
29.22
Thangamayil Jewellery Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
24.06
25.81
28.64
41.26
34.61
29.22
41.02
BOM:533158 vs TPR: Forward PE Ratio Comparison
For the Luxury Goods subindustry, Thangamayil Jewellery's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thangamayil Jewellery Forward PE Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Thangamayil Jewellery's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Thangamayil Jewellery's Forward PE Ratio falls into.
Thangamayil Jewellery Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Thangamayil Jewellery (BOM:533158) has a Forward PE Ratio of 51.96 as of Sep. 22, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Thangamayil Jewellery and its competitors. According to the industry distribution chart, Thangamayil Jewellery ranks #484 out of 511 companies in the Retail - Cyclical industry, placing it in the top 94.7%.
Is Thangamayil Jewellery's Forward PE Ratio too high?
Thangamayil Jewellery's current Forward PE Ratio is 51.96. The Retail - Cyclical industry median Forward PE Ratio is 13.66. Thangamayil Jewellery's value of 51.96 is 280.4% above this industry median. Based on the distribution chart, Thangamayil Jewellery ranks #484 out of 511 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Thangamayil Jewellery has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thangamayil Jewellery's Forward PE Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Thangamayil Jewellery ranks #484 out of 511 companies for Forward PE Ratio. This places Thangamayil Jewellery in the lower half of its industry. The industry median Forward PE Ratio is 13.66. Thangamayil Jewellery's value of 51.96 is 280.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Retail - Cyclical company?
The median Forward PE Ratio among Retail - Cyclical companies is 13.66, based on 511 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thangamayil Jewellery's current Forward PE Ratio of 51.96 is 280.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Thangamayil Jewellery and its competitors. For the Retail - Cyclical industry, the median Forward PE Ratio is 13.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thangamayil Jewellery's current Forward PE Ratio is 51.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thangamayil Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Thangamayil Jewellery (BOM:533158) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,068.68, compared to a current price of ₹4,929.65 — trading 21.2% above its estimated fair value. The current Forward PE Ratio is 51.96 and 280.4% above the Retail - Cyclical industry median of 13.66. Thangamayil Jewellery's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Thangamayil Jewellery (BOM:533158), the current Forward PE Ratio is 51.96 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thangamayil Jewellery (BOM:533158) Overvalued in 2026?
Based on GuruFocus' analysis, Thangamayil Jewellery stock appears to be overvalued.
The current stock price of ₹4,929.65 is trading 21.2% above its estimated GF Value™ of ₹4,068.68.
GuruFocus considers Thangamayil Jewellery to be Modestly Overvalued.
Key valuation signals for BOM:533158:
Forward PE Ratio: 51.96
GF Value™: ₹4,068.68 vs. price of ₹4,929.65 (21.2% above fair value)
Industry Position: 280.4% above the Retail - Cyclical median (#484 of 511)
No single metric tells the full story. See the BOM:533158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thangamayil Jewellery Ltd is mainly involved in the manufacturing and sale of Jewellery and other accessories and products. Its product portfolio comprises bangles, bracelets, rings, coins, articles, earrings, pendants, necklaces, anklets, and chains, among others. Additionally, it also offers various savings schemes to its customers to invest in gold jewellery for the long run. The company is engaged in the business of gold jewellery, diamond and silver articles, which constitutes a single business segment.
82GF Score
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