KITEX GARMENTS
|
The Current P/E Ratio of KITEX GARMENTS is 44.95.
Share Price | ₹182.6 | Mar 28,2024 |
Market Cap | ₹1,214.3 Cr | |
Earnings-TTM | ₹27.0 Cr | TTM-Consolidated Results |
Price/Earnings | 44.95x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KITEX GARMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,214.3 Cr] as on Mar 28,2024
(/) Earnings [ ₹27.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 44.95x ]
Thus, for KITEX GARMENTS , the investors are currently willing to pay 44.95 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 KITEX GARMENTS !
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 KITEX GARMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of KITEX GARMENTS
PE Ratio Performance Analysis for KITEX GARMENTS
- KITEX GARMENTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.31x.
- KITEX GARMENTS 's operated at median p/e ratio of 12.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KITEX GARMENTS 's p/e ratio peaked in Mar2023 at 16.16x.
- KITEX GARMENTS 's p/e ratio hit its five-year low in Mar2020 of 5.55x.
How does KITEX GARMENTS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KITEX GARMENTS | 27.02 | 44.95 | 1,214.3 |
PAGE INDUSTRIES LTD | 539.34 | 71.20 | 38,400.5 |
KPR MILL LTD | 801.29 | 35.52 | 28,459.4 |
VEDANT FASHIONS LTD | 407.25 | 55.36 | 22,546.8 |
SWAN ENERGY LTD | 646.46 | 32.45 | 20,978.1 |
WELSPUN LIVING LTD | 671.22 | 19.93 | 13,376.9 |
ALOK INDUSTRIES LTD | -927.48 | -13.79 | 12,785.5 |
VARDHMAN TEXTILES LTD | 557.59 | 23.01 | 12,827.8 |
ARVIND LTD | 340.74 | 20.74 | 7,068.0 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 34.14 | 6,772.2 |
JINDAL WORLDWIDE LTD | 74.01 | 84.24 | 6,234.2 |
Textile Industry Benchmark (Top 10) PE Analysis vs KITEX GARMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -13.79x |
Max industry PE | 84.24x |
Median industry PE | 34.14x |
Average industry PE | 37.07x |
You may also like the below Video Courses