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LORENZINI APPARELS
PE (Price/Earnings) Ratio

The Current P/E Ratio of LORENZINI APPARELS is 65.87.

Share Price ₹23.2May 14,2024
Market Cap ₹363.4 Cr
Earnings-TTM₹5.5 CrTTM-Standalone Results
Price/Earnings65.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LORENZINI APPARELS

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 LORENZINI APPARELS is calculated as :

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 ]

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

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 latest p/e ratio is 65.87x.

- 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 RatioMarket Cap
LORENZINI APPARELS 5.5265.87363.4
PAGE INDUSTRIES LTD539.3472.9139,322.7
KPR MILL LTD805.3534.4627,751.9
VEDANT FASHIONS LTD414.1759.3524,582.3
SWAN ENERGY LTD646.4627.2717,628.8
WELSPUN LIVING LTD672.6320.1313,537.3
ALOK INDUSTRIES LTD-845.86-15.3813,008.9
VARDHMAN TEXTILES LTD594.0521.8212,959.4
ARVIND LTD352.7126.639,392.5
GARWARE TECHNICAL FIBRES LTD198.3732.346,415.5
JINDAL WORLDWIDE LTD74.0198.877,317.0

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

Top 10 Industry PeersPE 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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