TCI Express Ltd
NSE:TCIEXP

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TCI Express Ltd
NSE:TCIEXP
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Price: 524.3 INR 2.21%
Market Cap: ₹20.1B

P/B

2.5
Current
57%
Cheaper
vs 3-y average of 5.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.5
=
Market Cap
₹20.8B
/
Total Equity
₹8.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.5
=
Market Cap
₹20.8B
/
Total Equity
₹8.1B

Valuation Scenarios

TCI Express Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (5.8), the stock would be worth ₹1 210.53 (131% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-2%
Maximum Upside
+237%
Average Upside
99%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.5 ₹524.3
0%
3-Year Average 5.8 ₹1 210.53
+131%
5-Year Average 8.4 ₹1 768.31
+237%
Industry Average 2.4 ₹513.36
-2%
Country Average 3.3 ₹683.24
+30%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IN
TCI Express Ltd
NSE:TCIEXP
20.1B INR 2.5 23.7
US
FedEx Corp
NYSE:FDX
92.7B USD 3.1 20.7
US
United Parcel Service Inc
NYSE:UPS
91.8B USD 5.7 16.5
DE
Deutsche Post AG
XETRA:DPW
53.3B EUR 2.3 9.9
DK
DSV A/S
CSE:DSV
392.8B DKK 3.3 48.5
CN
S.F. Holding Co Ltd
SZSE:002352
184.4B CNY 1.9 16.6
US
CH Robinson Worldwide Inc
NASDAQ:CHRW
22.3B USD 12.1 38
CN
ZTO Express (Cayman) Inc
HKEX:2057
160.9B HKD 2.1 15.4
US
Expeditors International of Washington Inc
NYSE:EXPD
19.8B USD 8.4 24.5
CN
JD Logistics Inc
HKEX:2618
100.5B HKD 1.6 13.2
CN
J&T Global Express Ltd
F:J92
9.7B EUR 3.7 55.5

Market Distribution

In line with most companies in India
Percentile
38th
Based on 2 820 companies
38th percentile
2.5
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

TCI Express Ltd
Glance View

TCI Express Ltd. engages in the logistics solutions business. The company is headquartered in Gurgaon, Haryana and currently employs 2,858 full-time employees. The company went IPO on 2016-12-15. The firm is engaged in express distribution and first and last mile delivery services provider. Its services include surface express, domestic and international air express, pharmaceutical, retail, engineering, apparel, cold chain express service and customer to customer (C2C) express, E-com express. The company comprises of approximately 500 express routes, 2,500 feeder routes, 40,000 pickup and delivery points, and 5,000 containerized vehicles. The firm provides around the clock services and time sensitive express deliveries by air mode. The company provides business-to-consumer (B2C) and business-to-business (B2B) on multi-model distribution for optimum on time delivery with value added features of cash on delivery (COD), pick n pack, late night and early morning deliveries.

TCIEXP Intrinsic Value
445.26 INR
Overvaluation 15%
Intrinsic Value
Price ₹524.3
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