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PEARL GLOBAL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PEARL GLOBAL INDUSTRIES is 13.58.

Share Price ₹540.2Mar 28,2024
Market Cap ₹2,355.1 Cr
Earnings-TTM₹173.5 CrTTM-Consolidated Results
Price/Earnings13.58xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PEARL GLOBAL 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 PEARL GLOBAL INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 13.58x.

- 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 RatioMarket Cap
PEARL GLOBAL INDUSTRIES 173.4613.582,355.1
PAGE INDUSTRIES LTD539.3471.2038,400.5
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

Textile Industry Benchmark (Top 10) PE Analysis vs PEARL GLOBAL 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 34.22x



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