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KEWAL KIRAN CLOTHING
PE (Price/Earnings) Ratio

The Current P/E Ratio of KEWAL KIRAN CLOTHING is 28.62.

Share Price ₹688.4Apr 22,2024
Market Cap ₹4,240.2 Cr
Earnings-TTM₹148.2 CrTTM-Consolidated Results
Price/Earnings28.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KEWAL KIRAN CLOTHING

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 KEWAL KIRAN CLOTHING is calculated as :

Current Market Cap [ ₹4,240.2 Cr] as on Apr 22,2024

(/) Earnings [ ₹148.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.62x ]

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

Thus, for KEWAL KIRAN CLOTHING , the investors are currently willing to pay 28.62 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 KEWAL KIRAN CLOTHING !

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 KEWAL KIRAN CLOTHING over the last five years.

Historical PE (Price/Earnings) ratio chart of KEWAL KIRAN CLOTHING


PE Ratio Performance Analysis for KEWAL KIRAN CLOTHING

- KEWAL KIRAN CLOTHING 's latest p/e ratio is 28.62x.

- KEWAL KIRAN CLOTHING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.36x.

- KEWAL KIRAN CLOTHING 's operated at median p/e ratio of 8.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KEWAL KIRAN CLOTHING 's p/e ratio peaked in Mar2023 at 21.77x.

- KEWAL KIRAN CLOTHING 's p/e ratio hit its five-year low in Mar2020 of 2.13x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KEWAL KIRAN CLOTHING 148.1528.624,240.2
PAGE INDUSTRIES LTD539.3473.3739,573.4
KPR MILL LTD801.2935.9628,814.9
VEDANT FASHIONS LTD407.2555.6022,641.5
SWAN ENERGY LTD646.4630.1419,484.5
WELSPUN LIVING LTD671.2221.5414,460.5
ALOK INDUSTRIES LTD-845.86-16.0813,599.8
VARDHMAN TEXTILES LTD557.5923.5613,137.2
ARVIND LTD340.7423.347,953.6
GARWARE TECHNICAL FIBRES LTD198.3732.686,482.3
JINDAL WORLDWIDE LTD74.0188.096,518.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -16.08x
Max industry PE 88.09x
Median industry PE 30.14x
Average industry PE 36.07x



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