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KG PETROCHEM
PE (Price/Earnings) Ratio

The Current P/E Ratio of KG PETROCHEM is -34.05.

Share Price ₹213.4Apr 19,2024
Market Cap ₹111.0 Cr
Earnings-TTM₹-3.3 CrTTM-Standalone Results
Price/Earnings-34.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KG PETROCHEM

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 KG PETROCHEM is calculated as :

Current Market Cap [ ₹111.0 Cr] as on Apr 19,2024

(/) Earnings [ ₹-3.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -34.05x ]

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

Thus, for KG PETROCHEM , the investors are currently willing to pay -34.05 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 KG PETROCHEM !

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 KG PETROCHEM over the last five years.

Historical PE (Price/Earnings) ratio chart of KG PETROCHEM


PE Ratio Performance Analysis for KG PETROCHEM

- KG PETROCHEM 's latest p/e ratio is -34.05x.

- KG PETROCHEM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.23x.

- KG PETROCHEM 's operated at median p/e ratio of 7.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KG PETROCHEM 's p/e ratio peaked in Mar2023 at 12.49x.

- KG PETROCHEM 's p/e ratio hit its five-year low in Mar2020 of 2x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KG PETROCHEM -3.26-34.05111.0
PAGE INDUSTRIES LTD539.3473.1239,435.5
KPR MILL LTD801.2935.9928,840.6
VEDANT FASHIONS LTD407.2554.8722,344.0
SWAN ENERGY LTD646.4629.9219,341.9
WELSPUN LIVING LTD671.2221.1714,212.7
ALOK INDUSTRIES LTD-927.48-14.8813,803.4
VARDHMAN TEXTILES LTD557.5923.7813,258.7
ARVIND LTD340.7423.528,015.1
GARWARE TECHNICAL FIBRES LTD198.3732.456,436.8
JINDAL WORLDWIDE LTD74.0188.556,553.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -34.05x
Max industry PE 88.55x
Median industry PE 29.92x
Average industry PE 30.40x



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