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DEEPAK SPINNERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of DEEPAK SPINNERS is 15.60.

Share Price ₹221.2Mar 28,2024
Market Cap ₹159.3 Cr
Earnings-TTM₹10.2 CrTTM-Standalone Results
Price/Earnings15.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK SPINNERS

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 DEEPAK SPINNERS is calculated as :

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 ]

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

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 latest p/e ratio is 15.60x.

- 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 RatioMarket Cap
DEEPAK SPINNERS 10.2115.60159.3
TRIDENT LTD421.6244.1618,620.6
FILATEX INDIA LTD94.4327.452,592.1
NITIN SPINNERS LTD130.8813.911,821.0
NAHAR SPINNING MILLS LTD-40.92-23.52962.2
SUTLEJ TEXTILES AND INDUSTRIES LTD-133.86-6.17826.0
AMBIKA COTTON MILLS LTD65.0212.45809.7
RAJAPALAYAM MILLS LTD6.90121.27836.8
NAHAR INDUSTRIAL ENTERPRISES LTD3.43142.74489.3
SUPER SALES INDIA LTD27.0415.91430.0
PRECOT LTD-4.26-90.34385.2

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs DEEPAK SPINNERS 's P/E Ratio

Top 10 Industry PeersPE 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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