APM INDUSTRIES
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The Current P/E Ratio of APM INDUSTRIES is 26.43.
Share Price | ₹72.0 | Apr 25,2024 |
Market Cap | ₹155.4 Cr | |
Earnings-TTM | ₹5.9 Cr | TTM-Standalone Results |
Price/Earnings | 26.43x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of APM INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹155.4 Cr] as on Apr 25,2024
(/) Earnings [ ₹5.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 26.43x ]
Thus, for APM INDUSTRIES , the investors are currently willing to pay 26.43 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 APM INDUSTRIES !
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 APM INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of APM INDUSTRIES
PE Ratio Performance Analysis for APM INDUSTRIES
- APM INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.32x.
- APM INDUSTRIES 's operated at median p/e ratio of 5.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APM INDUSTRIES 's p/e ratio peaked in Mar2019 at 12.01x.
- APM INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 4.13x.
How does APM INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
APM INDUSTRIES | 5.88 | 26.43 | 155.4 |
TRIDENT LTD | 421.62 | 48.47 | 20,434.8 |
FILATEX INDIA LTD | 94.43 | 30.01 | 2,833.6 |
NITIN SPINNERS LTD | 130.88 | 15.37 | 2,011.3 |
NAHAR SPINNING MILLS LTD | -40.92 | -25.69 | 1,051.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -133.86 | -7.30 | 977.2 |
AMBIKA COTTON MILLS LTD | 65.02 | 13.59 | 883.3 |
RAJAPALAYAM MILLS LTD | 6.90 | 132.20 | 912.2 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 3.43 | 164.04 | 562.3 |
SUPER SALES INDIA LTD | 27.04 | 20.00 | 540.9 |
PRECOT LTD | -4.26 | -115.10 | 490.8 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs APM INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -115.10x |
Max industry PE | 164.04x |
Median industry PE | 20.00x |
Average industry PE | 27.46x |
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