LORENZINI APPARELS
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The Current P/E Ratio of LORENZINI APPARELS is 65.87.
Share Price | ₹23.2 | May 14,2024 |
Market Cap | ₹363.4 Cr | |
Earnings-TTM | ₹5.5 Cr | TTM-Standalone Results |
Price/Earnings | 65.87x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of LORENZINI APPARELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹363.4 Cr] as on May 14,2024
(/) Earnings [ ₹5.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 65.87x ]
Thus, for LORENZINI APPARELS , the investors are currently willing to pay 65.87 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 LORENZINI APPARELS !
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 LORENZINI APPARELS over the last five years.
Historical PE (Price/Earnings) ratio chart of LORENZINI APPARELS
PE Ratio Performance Analysis for LORENZINI APPARELS
- LORENZINI APPARELS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 49.70x.
- LORENZINI APPARELS 's operated at median p/e ratio of 38.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LORENZINI APPARELS 's p/e ratio peaked in Mar2021 at 101.18x.
- LORENZINI APPARELS 's p/e ratio hit its five-year low in Mar2019 of 8.77x.
How does LORENZINI APPARELS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
LORENZINI APPARELS | 5.52 | 65.87 | 363.4 |
PAGE INDUSTRIES LTD | 539.34 | 72.91 | 39,322.7 |
KPR MILL LTD | 805.35 | 34.46 | 27,751.9 |
VEDANT FASHIONS LTD | 414.17 | 59.35 | 24,582.3 |
SWAN ENERGY LTD | 646.46 | 27.27 | 17,628.8 |
WELSPUN LIVING LTD | 672.63 | 20.13 | 13,537.3 |
ALOK INDUSTRIES LTD | -845.86 | -15.38 | 13,008.9 |
VARDHMAN TEXTILES LTD | 594.05 | 21.82 | 12,959.4 |
ARVIND LTD | 352.71 | 26.63 | 9,392.5 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 32.34 | 6,415.5 |
JINDAL WORLDWIDE LTD | 74.01 | 98.87 | 7,317.0 |
Textile Industry Benchmark (Top 10) PE Analysis vs LORENZINI APPARELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -15.38x |
Max industry PE | 98.87x |
Median industry PE | 32.34x |
Average industry PE | 40.39x |
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