LAGNAM SPINTEX
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The Current P/E Ratio of LAGNAM SPINTEX is 25.83.
Share Price | ₹128.3 | Apr 18,2024 |
Market Cap | ₹227.1 Cr | |
Earnings-TTM | ₹8.8 Cr | TTM-Standalone Results |
Price/Earnings | 25.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LAGNAM SPINTEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹227.1 Cr] as on Apr 18,2024
(/) Earnings [ ₹8.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 25.83x ]
Thus, for LAGNAM SPINTEX , the investors are currently willing to pay 25.83 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 LAGNAM SPINTEX !
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 LAGNAM SPINTEX over the last five years.
Historical PE (Price/Earnings) ratio chart of LAGNAM SPINTEX
PE Ratio Performance Analysis for LAGNAM SPINTEX
- LAGNAM SPINTEX 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.58x.
- LAGNAM SPINTEX 's operated at median p/e ratio of 5.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAGNAM SPINTEX 's p/e ratio peaked in Mar2020 at 11.96x.
- LAGNAM SPINTEX 's p/e ratio hit its five-year low in Mar2022 of 5.36x.
How does LAGNAM SPINTEX 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
LAGNAM SPINTEX | 8.79 | 25.83 | 227.1 |
PAGE INDUSTRIES LTD | 539.34 | 73.18 | 39,467.5 |
KPR MILL LTD | 801.29 | 35.46 | 28,409.9 |
VEDANT FASHIONS LTD | 407.25 | 53.85 | 21,931.2 |
SWAN ENERGY LTD | 646.46 | 29.93 | 19,346.6 |
WELSPUN LIVING LTD | 671.22 | 21.30 | 14,300.2 |
ALOK INDUSTRIES LTD | -927.48 | -15.39 | 14,275.1 |
VARDHMAN TEXTILES LTD | 557.59 | 24.39 | 13,599.9 |
ARVIND LTD | 340.74 | 23.75 | 8,090.9 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 32.76 | 6,498.5 |
JINDAL WORLDWIDE LTD | 74.01 | 88.51 | 6,550.0 |
Textile Industry Benchmark (Top 10) PE Analysis vs LAGNAM SPINTEX 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -15.39x |
Max industry PE | 88.51x |
Median industry PE | 29.93x |
Average industry PE | 35.78x |
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