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KITEX GARMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of KITEX GARMENTS is -46.49.

Share Price ₹115.7Oct 22,2026
Market Cap ₹2,307.2 Cr
Earnings-TTM₹-49.6 CrTTM-Consolidated Results
Price/Earnings-46.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KITEX GARMENTS

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 KITEX GARMENTS is calculated as :

Current Market Cap [ ₹2,307.2 Cr] as on Oct 22,2026

(/) Earnings [ ₹-49.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -46.49x ]

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

Thus, for KITEX GARMENTS , the investors are currently willing to pay -46.49 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 latest p/e ratio is -46.49x.

- KITEX GARMENTS 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 8.70x.

- KITEX GARMENTS 's operated at median p/e ratio of 5.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KITEX GARMENTS 's p/e ratio peaked in Mar2025 at 26.42x.

- KITEX GARMENTS 's p/e ratio hit its five-year low in Mar2026 of 0x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KITEX GARMENTS -49.63-46.492,307.2
PAGE INDUSTRIES LTD755.8350.9938,536.9
KPR MILL LTD912.3438.3334,974.4
VARDHMAN TEXTILES LTD806.2518.0814,573.0
WELSPUN LIVING LTD284.8570.8820,189.4
ARVIND LTD422.8231.1813,184.5
VEDANT FASHIONS LTD385.9030.8411,902.3
SWAN CORP LTD207.1636.977,657.8
PEARL GLOBAL INDUSTRIES LTD303.7136.8611,195.7
ALOK INDUSTRIES LTD-755.91-5.344,036.7
GARWARE TECHNICAL FIBRES LTD209.8234.037,140.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -46.49x
Max industry PE 70.88x
Median industry PE 34.03x
Average industry PE 26.94x



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