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GARWARE TECHNICAL FIBRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GARWARE TECHNICAL FIBRES is 38.23.

Share Price ₹885.4Apr 24,2025
Market Cap ₹8,792.0 Cr
Earnings-TTM₹230.0 CrTTM-Consolidated Results
Price/Earnings38.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GARWARE TECHNICAL FIBRES

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 GARWARE TECHNICAL FIBRES is calculated as :

Current Market Cap [ ₹8,792.0 Cr] as on Apr 24,2025

(/) Earnings [ ₹230.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.23x ]

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

Thus, for GARWARE TECHNICAL FIBRES , the investors are currently willing to pay 38.23 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 GARWARE TECHNICAL FIBRES !

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 GARWARE TECHNICAL FIBRES over the last five years.

Historical PE (Price/Earnings) ratio chart of GARWARE TECHNICAL FIBRES


PE Ratio Performance Analysis for GARWARE TECHNICAL FIBRES

- GARWARE TECHNICAL FIBRES 's latest p/e ratio is 38.23x.

- GARWARE TECHNICAL FIBRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.48x.

- GARWARE TECHNICAL FIBRES 's operated at median p/e ratio of 33.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GARWARE TECHNICAL FIBRES 's p/e ratio peaked in Mar2022 at 35.43x.

- GARWARE TECHNICAL FIBRES 's p/e ratio hit its five-year low in Mar2020 of 16.61x.


How does GARWARE TECHNICAL FIBRES 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GARWARE TECHNICAL FIBRES 229.9638.238,792.0
PAGE INDUSTRIES LTD673.3474.5750,208.8
KPR MILL LTD824.1742.9435,393.1
VEDANT FASHIONS LTD402.9048.2819,450.1
SWAN ENERGY LTD952.0014.3213,636.9
VARDHMAN TEXTILES LTD801.8917.5514,075.6
WELSPUN LIVING LTD641.0919.5512,531.3
ALOK INDUSTRIES LTD-815.47-11.249,165.8
ARVIND LTD317.2532.3210,252.8
JINDAL WORLDWIDE LTD82.0285.116,981.1
RAYMOND LIFESTYLE LTD334.1118.846,293.4

Textile Industry Benchmark (Top 10) PE Analysis vs GARWARE TECHNICAL FIBRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -11.24x
Max industry PE 85.11x
Median industry PE 32.32x
Average industry PE 34.59x



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