PEARL GLOBAL INDUSTRIES
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The Current P/E Ratio of PEARL GLOBAL INDUSTRIES is 13.58.
Share Price | ₹540.2 | Mar 28,2024 |
Market Cap | ₹2,355.1 Cr | |
Earnings-TTM | ₹173.5 Cr | TTM-Consolidated Results |
Price/Earnings | 13.58x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of PEARL GLOBAL INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,355.1 Cr] as on Mar 28,2024
(/) Earnings [ ₹173.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.58x ]
Thus, for PEARL GLOBAL INDUSTRIES , the investors are currently willing to pay 13.58 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 PEARL GLOBAL 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 PEARL GLOBAL INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of PEARL GLOBAL INDUSTRIES
PE Ratio Performance Analysis for PEARL GLOBAL INDUSTRIES
- PEARL GLOBAL INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.50x.
- PEARL GLOBAL INDUSTRIES 's operated at median p/e ratio of 11.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PEARL GLOBAL INDUSTRIES 's p/e ratio peaked in Mar2021 at 21.15x.
- PEARL GLOBAL INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 5.77x.
How does PEARL GLOBAL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PEARL GLOBAL INDUSTRIES | 173.46 | 13.58 | 2,355.1 |
PAGE INDUSTRIES LTD | 539.34 | 71.20 | 38,400.5 |
KPR MILL LTD | 801.29 | 35.52 | 28,459.4 |
VEDANT FASHIONS LTD | 407.25 | 55.36 | 22,546.8 |
SWAN ENERGY LTD | 646.46 | 32.45 | 20,978.1 |
WELSPUN LIVING LTD | 671.22 | 19.93 | 13,376.9 |
ALOK INDUSTRIES LTD | -927.48 | -13.79 | 12,785.5 |
VARDHMAN TEXTILES LTD | 557.59 | 23.01 | 12,827.8 |
ARVIND LTD | 340.74 | 20.74 | 7,068.0 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 34.14 | 6,772.2 |
JINDAL WORLDWIDE LTD | 74.01 | 84.24 | 6,234.2 |
Textile Industry Benchmark (Top 10) PE Analysis vs PEARL GLOBAL INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -13.79x |
Max industry PE | 84.24x |
Median industry PE | 32.45x |
Average industry PE | 34.22x |
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