HIMATSINGKA SEIDE
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The Current P/E Ratio of HIMATSINGKA SEIDE is 11.85.
Share Price | ₹134.1 | May 07,2024 |
Market Cap | ₹1,320.9 Cr | |
Earnings-TTM | ₹111.4 Cr | TTM-Consolidated Results |
Price/Earnings | 11.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HIMATSINGKA SEIDE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,320.9 Cr] as on May 07,2024
(/) Earnings [ ₹111.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.85x ]
Thus, for HIMATSINGKA SEIDE , the investors are currently willing to pay 11.85 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 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 Ratio | Market Cap |
---|---|---|---|
HIMATSINGKA SEIDE | 111.44 | 11.85 | 1,320.9 |
PAGE INDUSTRIES LTD | 539.34 | 71.02 | 38,306.2 |
KPR MILL LTD | 805.35 | 35.20 | 28,344.9 |
VEDANT FASHIONS LTD | 414.17 | 56.33 | 23,329.1 |
SWAN ENERGY LTD | 646.46 | 27.23 | 17,600.6 |
WELSPUN LIVING LTD | 672.63 | 20.61 | 13,862.8 |
ALOK INDUSTRIES LTD | -845.86 | -15.37 | 12,999.0 |
VARDHMAN TEXTILES LTD | 557.59 | 23.09 | 12,875.5 |
ARVIND LTD | 352.71 | 26.77 | 9,442.2 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 32.32 | 6,412.3 |
JINDAL WORLDWIDE LTD | 74.01 | 91.04 | 6,737.5 |
Textile Industry Benchmark (Top 10) PE Analysis vs HIMATSINGKA SEIDE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -15.37x |
Max industry PE | 91.04x |
Median industry PE | 27.23x |
Average industry PE | 34.55x |
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