Grovy India (BOM:539522) PE Ratio (TTM): 24.44 (As of Aug. 22, 2026) — Near Median

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BOM:539522 Grovy India Ltd BOM:539522
66 GF Score
Price ₹67.93
GF Value ₹74.07
Valuation Fairly Valued
! 8 Warning Signs
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What is Grovy India PE Ratio (TTM)?

Grovy India BOM:539522 -4.99% 66 PE Ratio (TTM) is 24.44 as of Aug. 22, 2026, which is 3% above its 10-year median of 23.74. GuruFocus rates BOM:539522 with a GF Score™ of 66/100 and a GF Value™ of ₹74.07 (Fairly Valued). The stock has 8 warning signs investors should review. Among 411 Conglomerates companies, Grovy India ranks worse than 74.94% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-22), Grovy India's share price is ₹67.93. Grovy India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.78. Therefore, Grovy India's PE Ratio (TTM) for today is 24.44.


The historical rank and industry rank for Grovy India's PE Ratio (TTM) or its related term are showing as below:

BOM:539522' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 5.76   Med: 23.74   Max: 280
Current: 24.44


During the past 13 years, the highest PE Ratio (TTM) of Grovy India was 280.00. The lowest was 5.76. And the median was 23.74.


BOM:539522's PE Ratio (TTM) is ranked worse than
74.94% of 411 companies
in the Conglomerates industry
Industry Median: 13.34 vs BOM:539522: 24.44

Grovy India's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was ₹1.43. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.78.

As of today (2026-08-22), Grovy India's share price is ₹67.93. Grovy India's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.78. Therefore, Grovy India's PE Ratio without NRI for today is 24.44.

During the past 13 years, Grovy India's highest PE Ratio without NRI was 280.00. The lowest was 6.80. And the median was 25.43.

Grovy India's EPS without NRI for the three months ended in Jun. 2026 was ₹1.43. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.78.

During the past 12 months, Grovy India's average EPS without NRI Growth Rate was -33.50% per year. During the past 3 years, the average EPS without NRI Growth Rate was 47.20% per year. During the past 5 years, the average EPS without NRI Growth Rate was 10.30% per year.

During the past 13 years, Grovy India's highest 3-Year average EPS without NRI Growth Rate was 85.40% per year. The lowest was -23.00% per year. And the median was 30.95% per year.

Grovy India's EPS (Basic) for the three months ended in Jun. 2026 was ₹1.43. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹2.78.


Grovy India  (BOM:539522) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Grovy India PE Ratio (TTM) Related Terms


Grovy India PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Grovy India's PE Ratio (TTM) 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.

Grovy India PE Ratio (TTM) Chart

Grovy India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 36.03 38.80 34.90 15.44

Grovy India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.01 9.11 27.67 15.44 18.22

BOM:539522 vs MMM, HON: PE Ratio (TTM) Comparison

For the Conglomerates subindustry, Grovy India's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Grovy India PE Ratio (TTM) vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grovy India's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Grovy India's PE Ratio (TTM) falls into.


BOM:539522
66GF Score
Grovy India Ltd BOM:539522
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grovy India PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Grovy India's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=67.93/2.780
=24.44

Grovy India's Share Price of today is ₹67.93.
Grovy India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.78.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 24.44 mean?
Grovy India (BOM:539522) has a PE Ratio (TTM) of 24.44 as of Aug. 22, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Grovy India and its competitors. This is near median its historical median of 23.74. Over the past decade, Grovy India's PE Ratio (TTM) has ranged from 5.76 to 280.00. According to the industry distribution chart, Grovy India ranks #308 out of 411 companies in the Conglomerates industry, placing it in the top 74.9%.
Is Grovy India's PE Ratio (TTM) too high?
Grovy India's current PE Ratio (TTM) of 24.44 is near median its 10-year median of 23.74. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 280.00. The Conglomerates industry median PE Ratio (TTM) is 13.34. Grovy India's value of 24.44 is 83.2% above this industry median. Based on the distribution chart, Grovy India ranks #308 out of 411 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Grovy India has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grovy India's PE Ratio (TTM) compare to MMM and HON?
According to the Conglomerates industry distribution chart, Grovy India ranks #308 out of 411 companies for PE Ratio (TTM). This places Grovy India in the lower half of its industry. The industry median PE Ratio (TTM) is 13.34. Grovy India's value of 24.44 is 83.2% above this benchmark. Historically, Grovy India's own PE Ratio (TTM) has ranged from 5.76 to 280.00 over the past decade. While the company's 10-year median is 23.74 vs. the industry median of 13.34, Grovy India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Conglomerates company?
The median PE Ratio (TTM) among Conglomerates companies is 13.34, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grovy India's current PE Ratio (TTM) of 24.44 is 83.2% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Grovy India and its competitors. For the Conglomerates industry, the median PE Ratio (TTM) is 13.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grovy India's current PE Ratio (TTM) is 24.44, which is near median its own 10-year median of 23.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grovy India stock overvalued right now?
Based on GuruFocus' analysis, Grovy India (BOM:539522) is currently considered Fairly Valued. The stock's GF Value™ is ₹74.07, compared to a current price of ₹67.93 — trading 8.3% below its estimated fair value. The current PE Ratio (TTM) is 24.44, which is near median its 10-year median of 23.74 and 83.2% above the Conglomerates industry median of 13.34. Grovy India's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Grovy India (BOM:539522), the current PE Ratio (TTM) is 24.44 as of Aug. 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 Grovy India (BOM:539522) Overvalued in 2026?

Based on GuruFocus' analysis, Grovy India stock appears to be undervalued. The current stock price of ₹67.93 is trading 8.3% below its estimated GF Value™ of ₹74.07. GuruFocus considers Grovy India to be Fairly Valued.

Key valuation signals for BOM:539522:

  • PE Ratio (TTM): 24.44 (near median its 10-year median of 23.74)
  • GF Value™: ₹74.07 vs. price of ₹67.93 (8.3% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 83.2% above the Conglomerates median (#308 of 411)

No single metric tells the full story. See the BOM:539522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grovy India Business Description

Address Lajpat Nagar Part II, 122, 1st Floor, Vinobapuri, New Delhi, IND, 110024
Grovy India Ltd is a real estate development company. The company's core segments are real estate development and trading/investment in equity markets. Its construction business is engaged in developing commercial, retail, and residential buildings. Its projects include Serviced Apartments-Rishikesh, Grovy Optiva-Noida, and Y-44 Hauz Khas, among others.
66GF Score

Get the complete analysis for BOM:539522

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹67.93
Price
₹74.07
GF Value