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FLEXITUFF VENTURES INTERNATIONAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of FLEXITUFF VENTURES INTERNATIONAL is -0.69.

Share Price ₹31.5May 18,2024
Market Cap ₹96.6 Cr
Earnings-TTM₹-140.6 CrTTM-Consolidated Results
Price/Earnings-0.69xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FLEXITUFF VENTURES INTERNATIONAL

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 FLEXITUFF VENTURES INTERNATIONAL is calculated as :

Current Market Cap [ ₹96.6 Cr] as on May 18,2024

(/) Earnings [ ₹-140.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -0.69x ]

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

Thus, for FLEXITUFF VENTURES INTERNATIONAL , the investors are currently willing to pay -0.69 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 FLEXITUFF VENTURES INTERNATIONAL !

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 FLEXITUFF VENTURES INTERNATIONAL over the last five years.

Historical PE (Price/Earnings) ratio chart of FLEXITUFF VENTURES INTERNATIONAL


PE Ratio Performance Analysis for FLEXITUFF VENTURES INTERNATIONAL

- FLEXITUFF VENTURES INTERNATIONAL 's latest p/e ratio is -0.69x.

- FLEXITUFF VENTURES INTERNATIONAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- FLEXITUFF VENTURES INTERNATIONAL 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FLEXITUFF VENTURES INTERNATIONAL 's p/e ratio peaked in Mar2023 at 0x.

- FLEXITUFF VENTURES INTERNATIONAL 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does FLEXITUFF VENTURES INTERNATIONAL 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
FLEXITUFF VENTURES INTERNATIONAL -140.57-0.6996.6
PAGE INDUSTRIES LTD539.3474.0339,925.7
KPR MILL LTD805.3535.4328,536.3
VEDANT FASHIONS LTD414.1760.1824,923.6
SWAN ENERGY LTD646.4629.0918,807.4
WELSPUN LIVING LTD672.6321.0014,125.2
ALOK INDUSTRIES LTD-845.86-15.6513,237.3
VARDHMAN TEXTILES LTD594.0522.5013,365.7
ARVIND LTD352.7128.079,900.1
GARWARE TECHNICAL FIBRES LTD198.3732.306,408.1
JINDAL WORLDWIDE LTD74.0195.827,091.4

Textile Industry Benchmark (Top 10) PE Analysis vs FLEXITUFF VENTURES INTERNATIONAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -15.65x
Max industry PE 95.82x
Median industry PE 29.09x
Average industry PE 34.73x



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