RELAXO FOOTWEARS
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The Current P/E Ratio of RELAXO FOOTWEARS is 101.23.
| Share Price | ₹823.1 | Apr 24,2024 |
| Market Cap | ₹20,487.0 Cr | |
| Earnings-TTM | ₹202.4 Cr | TTM-Standalone Results |
| Price/Earnings | 101.23x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RELAXO FOOTWEARS
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)
Current Market Cap [ ₹20,487.0 Cr] as on Apr 24,2024
(/) Earnings [ ₹202.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 101.23x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for RELAXO FOOTWEARS , the investors are currently willing to pay 101.23 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 RELAXO FOOTWEARS !
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 RELAXO FOOTWEARS over the last five years.
Thus, for RELAXO FOOTWEARS , the investors are currently willing to pay 101.23 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 RELAXO FOOTWEARS !
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 RELAXO FOOTWEARS over the last five years.
Historical PE (Price/Earnings) ratio chart of RELAXO FOOTWEARS
PE Ratio Performance Analysis for RELAXO FOOTWEARS
- RELAXO FOOTWEARS 's latest p/e ratio is 101.23x.
- RELAXO FOOTWEARS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 83.62x.
- RELAXO FOOTWEARS 's operated at median p/e ratio of 74.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELAXO FOOTWEARS 's p/e ratio peaked in Mar2023 at 136.78x.
- RELAXO FOOTWEARS 's p/e ratio hit its five-year low in Mar2019 of 27.39x.
- RELAXO FOOTWEARS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 83.62x.
- RELAXO FOOTWEARS 's operated at median p/e ratio of 74.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELAXO FOOTWEARS 's p/e ratio peaked in Mar2023 at 136.78x.
- RELAXO FOOTWEARS 's p/e ratio hit its five-year low in Mar2019 of 27.39x.
How does RELAXO FOOTWEARS 's P/E Ratio benchmark against top 10 peers in Footwear Industry?
| Peer Comparison (Footwear Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| RELAXO FOOTWEARS | 202.38 | 101.23 | 20,487.0 |
| CAMPUS ACTIVEWEAR LTD | 79.64 | 95.56 | 7,610.0 |
| MIRZA INTERNATIONAL LTD | 13.16 | 50.28 | 661.4 |
| LIBERTY SHOES LTD | 5.89 | 98.82 | 581.6 |
| SUPERHOUSE LTD | 15.63 | 16.06 | 251.0 |
| LEHAR FOOTWEARS LTD | 7.06 | 37.12 | 261.9 |
Footwear Industry Benchmark (Top 10) PE Analysis vs RELAXO FOOTWEARS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.06x |
| Max industry PE | 101.23x |
| Median industry PE | 95.56x |
| Average industry PE | 66.51x |
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