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PAGE INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PAGE INDUSTRIES is 71.49.

Share Price ₹34,427.9Mar 28,2024
Market Cap ₹38,559.2 Cr
Earnings-TTM₹539.3 CrTTM-Standalone Results
Price/Earnings71.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PAGE INDUSTRIES

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 PAGE INDUSTRIES is calculated as :

Current Market Cap [ ₹38,559.2 Cr] as on Mar 28,2024

(/) Earnings [ ₹539.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 71.49x ]

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

Thus, for PAGE INDUSTRIES , the investors are currently willing to pay 71.49 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 PAGE INDUSTRIES !

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 PAGE INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PAGE INDUSTRIES


PE Ratio Performance Analysis for PAGE INDUSTRIES

- PAGE INDUSTRIES 's latest p/e ratio is 71.49x.

- PAGE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 77.74x.

- PAGE INDUSTRIES 's operated at median p/e ratio of 74.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PAGE INDUSTRIES 's p/e ratio peaked in Mar2021 at 99.35x.

- PAGE INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 55.01x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PAGE INDUSTRIES 539.3471.4938,559.2
KPR MILL LTD801.2935.5228,459.4
VEDANT FASHIONS LTD407.2555.3622,546.8
SWAN ENERGY LTD646.4632.4520,978.1
WELSPUN LIVING LTD671.2219.9313,376.9
ALOK INDUSTRIES LTD-927.48-13.7912,785.5
VARDHMAN TEXTILES LTD557.5923.0112,827.8
ARVIND LTD340.7420.747,068.0
GARWARE TECHNICAL FIBRES LTD198.3734.146,772.2
JINDAL WORLDWIDE LTD74.0184.246,234.2
INDO COUNT INDUSTRIES LTD340.7020.536,993.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -13.79x
Max industry PE 84.24x
Median industry PE 32.45x
Average industry PE 34.87x



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