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AMBIKA COTTON MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of AMBIKA COTTON MILLS is 13.78.

Share Price ₹1,571.9Apr 24,2024
Market Cap ₹896.0 Cr
Earnings-TTM₹65.0 CrTTM-Standalone Results
Price/Earnings13.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AMBIKA COTTON MILLS

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)

Applying the above formula, P/E ratio of AMBIKA COTTON MILLS is calculated as :

Current Market Cap [ ₹896.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹65.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.78x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for AMBIKA COTTON MILLS , the investors are currently willing to pay 13.78 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 AMBIKA COTTON MILLS !

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 AMBIKA COTTON MILLS over the last five years.

Historical PE (Price/Earnings) ratio chart of AMBIKA COTTON MILLS


PE Ratio Performance Analysis for AMBIKA COTTON MILLS

- AMBIKA COTTON MILLS 's latest p/e ratio is 13.78x.

- AMBIKA COTTON MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.59x.

- AMBIKA COTTON MILLS 's operated at median p/e ratio of 7.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AMBIKA COTTON MILLS 's p/e ratio peaked in Mar2019 at 10.11x.

- AMBIKA COTTON MILLS 's p/e ratio hit its five-year low in Mar2020 of 5.81x.


How does AMBIKA COTTON MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AMBIKA COTTON MILLS 65.0213.78896.0
TRIDENT LTD421.6248.2520,343.1
FILATEX INDIA LTD94.4330.042,837.1
NITIN SPINNERS LTD130.8815.271,998.3
NAHAR SPINNING MILLS LTD-40.92-25.591,047.2
SUTLEJ TEXTILES AND INDUSTRIES LTD-133.86-7.33980.8
RAJAPALAYAM MILLS LTD6.90131.07904.4
NAHAR INDUSTRIAL ENTERPRISES LTD3.43164.29563.2
SUPER SALES INDIA LTD27.0420.51554.6
PRECOT LTD-4.26-112.85481.2
MARAL OVERSEAS LTD-16.52-18.93312.8

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs AMBIKA COTTON MILLS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -112.85x
Max industry PE 164.29x
Median industry PE 15.27x
Average industry PE 23.50x



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