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SARLA PERFORMANCE FIBERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SARLA PERFORMANCE FIBERS is 22.95.

Share Price ₹58.6Apr 25,2024
Market Cap ₹489.5 Cr
Earnings-TTM₹21.3 CrTTM-Consolidated Results
Price/Earnings22.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SARLA PERFORMANCE FIBERS

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 SARLA PERFORMANCE FIBERS is calculated as :

Current Market Cap [ ₹489.5 Cr] as on Apr 25,2024

(/) Earnings [ ₹21.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.95x ]

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

Thus, for SARLA PERFORMANCE FIBERS , the investors are currently willing to pay 22.95 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 SARLA PERFORMANCE FIBERS !

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 SARLA PERFORMANCE FIBERS over the last five years.

Historical PE (Price/Earnings) ratio chart of SARLA PERFORMANCE FIBERS


PE Ratio Performance Analysis for SARLA PERFORMANCE FIBERS

- SARLA PERFORMANCE FIBERS 's latest p/e ratio is 22.95x.

- SARLA PERFORMANCE FIBERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.58x.

- SARLA PERFORMANCE FIBERS 's operated at median p/e ratio of 8.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SARLA PERFORMANCE FIBERS 's p/e ratio peaked in Mar2023 at 13.05x.

- SARLA PERFORMANCE FIBERS 's p/e ratio hit its five-year low in Mar2020 of 3.63x.


How does SARLA PERFORMANCE FIBERS 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SARLA PERFORMANCE FIBERS 21.3322.95489.5
GANESHA ECOSPHERE LTD34.3679.602,734.8
INDO RAMA SYNTHETICS (INDIA) LTD-161.34-7.311,178.9
BANSWARA SYNTEX LTD53.369.55509.7
VARDHMAN ACRYLICS LTD16.1628.69463.7
PASUPATI ACRYLON LTD10.8232.00346.3

Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs SARLA PERFORMANCE FIBERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -7.31x
Max industry PE 79.60x
Median industry PE 28.69x
Average industry PE 27.58x



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