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CENTURY TEXTILES & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of CENTURY TEXTILES & INDUSTRIES is 97.63.

Share Price ₹1,747.0Apr 15,2024
Market Cap ₹19,514.0 Cr
Earnings-TTM₹199.9 CrTTM-Consolidated Results
Price/Earnings97.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CENTURY TEXTILES & INDUSTRIES

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 CENTURY TEXTILES & INDUSTRIES is calculated as :

Current Market Cap [ ₹19,514.0 Cr] as on Apr 15,2024

(/) Earnings [ ₹199.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 97.63x ]

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

Thus, for CENTURY TEXTILES & INDUSTRIES , the investors are currently willing to pay 97.63 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 CENTURY TEXTILES & 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 CENTURY TEXTILES & INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of CENTURY TEXTILES & INDUSTRIES


PE Ratio Performance Analysis for CENTURY TEXTILES & INDUSTRIES

- CENTURY TEXTILES & INDUSTRIES 's latest p/e ratio is 97.63x.

- CENTURY TEXTILES & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.81x.

- CENTURY TEXTILES & INDUSTRIES 's operated at median p/e ratio of 9.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CENTURY TEXTILES & INDUSTRIES 's p/e ratio peaked in Mar2022 at 57.23x.

- CENTURY TEXTILES & INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does CENTURY TEXTILES & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Diversified Industry?

Peer Comparison (Diversified Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CENTURY TEXTILES & INDUSTRIES 199.8897.6319,514.0
GRASIM INDUSTRIES LTD9,477.5116.09152,466.0
3M INDIA LTD546.2960.1732,872.3
DCM SHRIRAM LTD515.9727.9214,408.3
BIRLA CORPORATION LTD312.1736.7411,470.3
SURYA ROSHNI LTD380.8215.946,069.9
BALMER LAWRIE & COMPANY LTD163.1525.874,221.2
ASPINWALL AND COMPANY LTD6.5531.35205.4
GILLANDERS ARBUTHNOT & COMPANY LTD-34.78-5.05175.7

Diversified Industry Benchmark (Top 10) PE Analysis vs CENTURY TEXTILES & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -5.05x
Max industry PE 97.63x
Median industry PE 27.92x
Average industry PE 34.07x



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