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GLOSTER
PE (Price/Earnings) Ratio

The Current P/E Ratio of GLOSTER is 38.35.

Share Price ₹880.6May 03,2024
Market Cap ₹959.9 Cr
Earnings-TTM₹25.0 CrTTM-Consolidated Results
Price/Earnings38.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GLOSTER

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 GLOSTER is calculated as :

Current Market Cap [ ₹959.9 Cr] as on May 03,2024

(/) Earnings [ ₹25.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.35x ]

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

Thus, for GLOSTER , the investors are currently willing to pay 38.35 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 GLOSTER !

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 GLOSTER over the last five years.

Historical PE (Price/Earnings) ratio chart of GLOSTER


PE Ratio Performance Analysis for GLOSTER

- GLOSTER 's latest p/e ratio is 38.35x.

- GLOSTER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.10x.

- GLOSTER 's operated at median p/e ratio of 5.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GLOSTER 's p/e ratio peaked in Mar2023 at 11.2x.

- GLOSTER 's p/e ratio hit its five-year low in Mar2021 of 3.85x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GLOSTER 25.0338.35959.9
PAGE INDUSTRIES LTD539.3471.8138,727.5
KPR MILL LTD805.3536.0028,990.9
VEDANT FASHIONS LTD414.1754.6122,619.9
SWAN ENERGY LTD646.4628.8318,639.7
WELSPUN LIVING LTD672.6321.5114,470.2
ALOK INDUSTRIES LTD-845.86-15.8513,406.2
VARDHMAN TEXTILES LTD557.5922.7612,689.0
ARVIND LTD340.7425.648,737.2
GARWARE TECHNICAL FIBRES LTD198.3732.066,360.6
JINDAL WORLDWIDE LTD74.0193.046,885.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -15.85x
Max industry PE 93.04x
Median industry PE 32.06x
Average industry PE 37.16x



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