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CANDOUR TECHTEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of CANDOUR TECHTEX is -58.13.

Share Price ₹80.5May 21,2026
Market Cap ₹196.4 Cr
Earnings-TTM₹-3.4 CrTTM-Standalone Results
Price/Earnings-58.13xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CANDOUR TECHTEX

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 CANDOUR TECHTEX is calculated as :

Current Market Cap [ ₹196.4 Cr] as on May 21,2026

(/) Earnings [ ₹-3.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -58.13x ]

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

Thus, for CANDOUR TECHTEX , the investors are currently willing to pay -58.13 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 CANDOUR TECHTEX !

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 CANDOUR TECHTEX over the last five years.

Historical PE (Price/Earnings) ratio chart of CANDOUR TECHTEX


PE Ratio Performance Analysis for CANDOUR TECHTEX

- CANDOUR TECHTEX 's latest p/e ratio is -58.13x.

- CANDOUR TECHTEX 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 80.31x.

- CANDOUR TECHTEX 's operated at median p/e ratio of 41.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CANDOUR TECHTEX 's p/e ratio peaked in Mar2025 at 247.11x.

- CANDOUR TECHTEX 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does CANDOUR TECHTEX 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CANDOUR TECHTEX -3.38-58.13196.4
PAGE INDUSTRIES LTD763.8256.0842,833.8
KPR MILL LTD866.5037.6132,585.1
VARDHMAN TEXTILES LTD703.1425.4917,919.6
WELSPUN LIVING LTD212.8965.5813,960.5
ARVIND LTD420.2230.5812,850.1
VEDANT FASHIONS LTD375.5427.2910,247.6
SWAN CORP LTD-3.64-2,743.079,982.0
PEARL GLOBAL INDUSTRIES LTD270.0327.467,413.7
ALOK INDUSTRIES LTD-743.20-8.286,151.9
GARWARE TECHNICAL FIBRES LTD198.4231.156,180.8

Textile Industry Benchmark (Top 10) PE Analysis vs CANDOUR TECHTEX 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -2,743.07x
Max industry PE 65.58x
Median industry PE 27.46x
Average industry PE -228.02x



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