RAJAPALAYAM MILLS
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The Current P/E Ratio of RAJAPALAYAM MILLS is 126.66.
Share Price | ₹950.0 | May 06,2024 |
Market Cap | ₹874.0 Cr | |
Earnings-TTM | ₹6.9 Cr | TTM-Consolidated Results |
Price/Earnings | 126.66x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAJAPALAYAM MILLS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹874.0 Cr] as on May 06,2024
(/) Earnings [ ₹6.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 126.66x ]
Thus, for RAJAPALAYAM MILLS , the investors are currently willing to pay 126.66 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 RAJAPALAYAM MILLS !
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 RAJAPALAYAM MILLS over the last five years.
Historical PE (Price/Earnings) ratio chart of RAJAPALAYAM MILLS
PE Ratio Performance Analysis for RAJAPALAYAM MILLS
- RAJAPALAYAM MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.06x.
- RAJAPALAYAM MILLS 's operated at median p/e ratio of 5.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJAPALAYAM MILLS 's p/e ratio peaked in Mar2023 at 6.31x.
- RAJAPALAYAM MILLS 's p/e ratio hit its five-year low in Mar2020 of 3.76x.
How does RAJAPALAYAM MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAJAPALAYAM MILLS | 6.90 | 126.66 | 874.0 |
TRIDENT LTD | 421.62 | 47.21 | 19,904.8 |
FILATEX INDIA LTD | 110.66 | 23.72 | 2,624.5 |
NITIN SPINNERS LTD | 130.88 | 15.89 | 2,079.6 |
NAHAR SPINNING MILLS LTD | -40.92 | -24.05 | 984.2 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -133.86 | -7.10 | 950.2 |
AMBIKA COTTON MILLS LTD | 65.02 | 13.76 | 894.7 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 3.43 | 158.30 | 542.7 |
SUPER SALES INDIA LTD | 27.04 | 21.13 | 571.2 |
PRECOT LTD | -4.26 | -105.97 | 451.9 |
MARAL OVERSEAS LTD | -16.52 | -18.96 | 313.2 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs RAJAPALAYAM MILLS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -105.97x |
Max industry PE | 158.30x |
Median industry PE | 15.89x |
Average industry PE | 22.78x |
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