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HIMATSINGKA SEIDE
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIMATSINGKA SEIDE is 12.44.

Share Price ₹140.7Apr 25,2024
Market Cap ₹1,385.9 Cr
Earnings-TTM₹111.4 CrTTM-Consolidated Results
Price/Earnings12.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HIMATSINGKA SEIDE

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 HIMATSINGKA SEIDE is calculated as :

Current Market Cap [ ₹1,385.9 Cr] as on Apr 25,2024

(/) Earnings [ ₹111.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 12.44x ]

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

Thus, for HIMATSINGKA SEIDE , the investors are currently willing to pay 12.44 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 HIMATSINGKA SEIDE !

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 HIMATSINGKA SEIDE over the last five years.

Historical PE (Price/Earnings) ratio chart of HIMATSINGKA SEIDE


PE Ratio Performance Analysis for HIMATSINGKA SEIDE

- HIMATSINGKA SEIDE 's latest p/e ratio is 12.44x.

- HIMATSINGKA SEIDE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.12x.

- HIMATSINGKA SEIDE 's operated at median p/e ratio of 10.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIMATSINGKA SEIDE 's p/e ratio peaked in Mar2020 at 44.17x.

- HIMATSINGKA SEIDE 's p/e ratio hit its five-year low in Mar2023 of 0x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HIMATSINGKA SEIDE 111.4412.441,385.9
PAGE INDUSTRIES LTD539.3473.5039,641.6
KPR MILL LTD801.2937.0129,652.4
VEDANT FASHIONS LTD407.2555.2422,497.0
SWAN ENERGY LTD646.4629.9019,330.9
WELSPUN LIVING LTD672.6322.4315,087.3
ALOK INDUSTRIES LTD-845.86-16.2013,699.1
VARDHMAN TEXTILES LTD557.5923.9013,326.6
ARVIND LTD340.7424.668,403.6
GARWARE TECHNICAL FIBRES LTD198.3732.796,504.1
JINDAL WORLDWIDE LTD74.0190.666,709.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -16.20x
Max industry PE 90.66x
Median industry PE 29.90x
Average industry PE 35.12x



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