DEEPAK SPINNERS
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The Current P/E Ratio of DEEPAK SPINNERS is 15.60.
Share Price | ₹221.2 | Mar 28,2024 |
Market Cap | ₹159.3 Cr | |
Earnings-TTM | ₹10.2 Cr | TTM-Standalone Results |
Price/Earnings | 15.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK SPINNERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹159.3 Cr] as on Mar 28,2024
(/) Earnings [ ₹10.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.60x ]
Thus, for DEEPAK SPINNERS , the investors are currently willing to pay 15.60 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 DEEPAK SPINNERS !
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 DEEPAK SPINNERS over the last five years.
Historical PE (Price/Earnings) ratio chart of DEEPAK SPINNERS
PE Ratio Performance Analysis for DEEPAK SPINNERS
- DEEPAK SPINNERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.48x.
- DEEPAK SPINNERS 's operated at median p/e ratio of 4.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK SPINNERS 's p/e ratio peaked in Mar2019 at 5.18x.
- DEEPAK SPINNERS 's p/e ratio hit its five-year low in Mar2020 of 3.91x.
How does DEEPAK SPINNERS '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 |
---|---|---|---|
DEEPAK SPINNERS | 10.21 | 15.60 | 159.3 |
TRIDENT LTD | 421.62 | 44.16 | 18,620.6 |
FILATEX INDIA LTD | 94.43 | 27.45 | 2,592.1 |
NITIN SPINNERS LTD | 130.88 | 13.91 | 1,821.0 |
NAHAR SPINNING MILLS LTD | -40.92 | -23.52 | 962.2 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -133.86 | -6.17 | 826.0 |
AMBIKA COTTON MILLS LTD | 65.02 | 12.45 | 809.7 |
RAJAPALAYAM MILLS LTD | 6.90 | 121.27 | 836.8 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 3.43 | 142.74 | 489.3 |
SUPER SALES INDIA LTD | 27.04 | 15.91 | 430.0 |
PRECOT LTD | -4.26 | -90.34 | 385.2 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs DEEPAK SPINNERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -90.34x |
Max industry PE | 142.74x |
Median industry PE | 15.60x |
Average industry PE | 24.86x |
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