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MAHALAXMI RUBTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAHALAXMI RUBTECH is 22.83.

Share Price ₹196.1Apr 30,2024
Market Cap ₹207.9 Cr
Earnings-TTM₹9.1 CrTTM-Consolidated Results
Price/Earnings22.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAHALAXMI RUBTECH

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 MAHALAXMI RUBTECH is calculated as :

Current Market Cap [ ₹207.9 Cr] as on Apr 30,2024

(/) Earnings [ ₹9.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.83x ]

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

Thus, for MAHALAXMI RUBTECH , the investors are currently willing to pay 22.83 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 MAHALAXMI RUBTECH !

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 MAHALAXMI RUBTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of MAHALAXMI RUBTECH


PE Ratio Performance Analysis for MAHALAXMI RUBTECH

- MAHALAXMI RUBTECH 's latest p/e ratio is 22.83x.

- MAHALAXMI RUBTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.22x.

- MAHALAXMI RUBTECH 's operated at median p/e ratio of 10.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAHALAXMI RUBTECH 's p/e ratio peaked in Mar2023 at 34.99x.

- MAHALAXMI RUBTECH 's p/e ratio hit its five-year low in Mar2021 of 8.59x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MAHALAXMI RUBTECH 9.1122.83207.9
PAGE INDUSTRIES LTD539.3471.9338,795.1
KPR MILL LTD801.2936.0828,908.9
VEDANT FASHIONS LTD414.1755.9423,168.6
SWAN ENERGY LTD646.4630.0819,443.7
WELSPUN LIVING LTD672.6321.6614,567.4
ALOK INDUSTRIES LTD-845.86-16.0313,555.1
VARDHMAN TEXTILES LTD557.5923.0912,875.5
ARVIND LTD340.7424.198,244.0
GARWARE TECHNICAL FIBRES LTD198.3732.386,424.1
JINDAL WORLDWIDE LTD74.0192.566,849.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -16.03x
Max industry PE 92.56x
Median industry PE 30.08x
Average industry PE 35.88x



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