DAMODAR INDUSTRIES
|
The Current P/E Ratio of DAMODAR INDUSTRIES is 38.96.
Share Price | ₹51.5 | Apr 26,2024 |
Market Cap | ₹120.1 Cr | |
Earnings-TTM | ₹3.1 Cr | TTM-Standalone Results |
Price/Earnings | 38.96x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DAMODAR INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹120.1 Cr] as on Apr 26,2024
(/) Earnings [ ₹3.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 38.96x ]
Thus, for DAMODAR INDUSTRIES , the investors are currently willing to pay 38.96 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 DAMODAR 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 DAMODAR INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of DAMODAR INDUSTRIES
PE Ratio Performance Analysis for DAMODAR INDUSTRIES
- DAMODAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 26.65x.
- DAMODAR INDUSTRIES 's operated at median p/e ratio of 7.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DAMODAR INDUSTRIES 's p/e ratio peaked in Mar2023 at 114.89x.
- DAMODAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does DAMODAR 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 |
---|---|---|---|
DAMODAR INDUSTRIES | 3.08 | 38.96 | 120.1 |
TRIDENT LTD | 421.62 | 48.10 | 20,281.9 |
FILATEX INDIA LTD | 94.43 | 29.75 | 2,809.2 |
NITIN SPINNERS LTD | 130.88 | 15.23 | 1,993.0 |
NAHAR SPINNING MILLS LTD | -40.92 | -25.16 | 1,029.5 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -133.86 | -7.23 | 967.6 |
AMBIKA COTTON MILLS LTD | 65.02 | 13.54 | 880.1 |
RAJAPALAYAM MILLS LTD | 6.90 | 132.46 | 914.0 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 3.43 | 164.10 | 562.5 |
SUPER SALES INDIA LTD | 27.04 | 19.96 | 539.5 |
PRECOT LTD | -4.26 | -115.37 | 491.9 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs DAMODAR INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -115.37x |
Max industry PE | 164.10x |
Median industry PE | 19.96x |
Average industry PE | 28.58x |
You may also like the below Video Courses