Home > PE Ratio > R&B DENIMS

R&B DENIMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of R&B DENIMS is 32.99.

Share Price ₹57.5May 07,2024
Market Cap ₹517.6 Cr
Earnings-TTM₹15.7 CrTTM-Consolidated Results
Price/Earnings32.99xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for R&B DENIMS
Please provide your vote to see the results
R&B DENIMS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of R&B DENIMS

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 R&B DENIMS is calculated as :

Current Market Cap [ ₹517.6 Cr] as on May 07,2024

(/) Earnings [ ₹15.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.99x ]

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

Thus, for R&B DENIMS , the investors are currently willing to pay 32.99 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 R&B DENIMS !

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 R&B DENIMS over the last five years.

Historical PE (Price/Earnings) ratio chart of R&B DENIMS


PE Ratio Performance Analysis for R&B DENIMS

- R&B DENIMS 's latest p/e ratio is 32.99x.

- R&B DENIMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.54x.

- R&B DENIMS 's operated at median p/e ratio of 3.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, R&B DENIMS 's p/e ratio peaked in Mar2022 at 27.42x.

- R&B DENIMS 's p/e ratio hit its five-year low in Mar2021 of 1.39x.


How does R&B DENIMS 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
R&B DENIMS 15.6932.99517.6
PAGE INDUSTRIES LTD539.3471.0238,306.2
KPR MILL LTD805.3535.2028,344.9
VEDANT FASHIONS LTD414.1756.3323,329.1
SWAN ENERGY LTD646.4627.2317,600.6
WELSPUN LIVING LTD672.6320.6113,862.8
ALOK INDUSTRIES LTD-845.86-15.3712,999.0
VARDHMAN TEXTILES LTD557.5923.0912,875.5
ARVIND LTD352.7126.779,442.2
GARWARE TECHNICAL FIBRES LTD198.3732.326,412.3
JINDAL WORLDWIDE LTD74.0191.046,737.5

Textile Industry Benchmark (Top 10) PE Analysis vs R&B DENIMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -15.37x
Max industry PE 91.04x
Median industry PE 32.32x
Average industry PE 36.48x



You may also like the below Video Courses