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KITEX GARMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of KITEX GARMENTS is -51.23.

Share Price ₹127.5Aug 24,2026
Market Cap ₹2,542.6 Cr
Earnings-TTM₹-49.6 CrTTM-Consolidated Results
Price/Earnings-51.23xCalculated 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 [ ₹2,542.6 Cr] as on Aug 24,2026

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

(=) P/E Ratio [ -51.23x ]

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 -51.23 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 -51.23x.

- KITEX GARMENTS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 12.89x.

- 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 Mar2025 at 26.42x.

- KITEX GARMENTS 's p/e ratio hit its five-year low in Mar2023 of 5.39x.


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 -49.63-51.232,542.6
PAGE INDUSTRIES LTD755.8352.3539,568.5
KPR MILL LTD912.3441.7738,105.4
VARDHMAN TEXTILES LTD806.2521.5117,345.4
WELSPUN LIVING LTD284.8563.1517,988.1
ARVIND LTD422.8234.1814,453.5
VEDANT FASHIONS LTD385.9033.5812,958.0
SWAN CORP LTD207.1645.929,511.9
PEARL GLOBAL INDUSTRIES LTD303.7136.0410,944.4
ALOK INDUSTRIES LTD-709.87-8.025,695.1
GARWARE TECHNICAL FIBRES LTD209.8237.597,886.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -51.23x
Max industry PE 63.15x
Median industry PE 36.04x
Average industry PE 27.89x



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