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SIYARAM SILK MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SIYARAM SILK MILLS is 10.44.

Share Price ₹468.8Apr 19,2024
Market Cap ₹2,128.4 Cr
Earnings-TTM₹203.9 CrTTM-Consolidated Results
Price/Earnings10.44xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SIYARAM SILK MILLS

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 SIYARAM SILK MILLS is calculated as :

Current Market Cap [ ₹2,128.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹203.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.44x ]

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

Thus, for SIYARAM SILK MILLS , the investors are currently willing to pay 10.44 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 SIYARAM SILK 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 SIYARAM SILK MILLS over the last five years.

Historical PE (Price/Earnings) ratio chart of SIYARAM SILK MILLS


PE Ratio Performance Analysis for SIYARAM SILK MILLS

- SIYARAM SILK MILLS 's latest p/e ratio is 10.44x.

- SIYARAM SILK MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 43.16x.

- SIYARAM SILK MILLS 's operated at median p/e ratio of 9.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIYARAM SILK MILLS 's p/e ratio peaked in Mar2021 at 168.35x.

- SIYARAM SILK MILLS 's p/e ratio hit its five-year low in Mar2023 of 7.79x.


How does SIYARAM SILK MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Weaving Industry?

Peer Comparison (Textile - Weaving Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SIYARAM SILK MILLS 203.8610.442,128.4
RAYMOND LTD602.4622.2213,389.6
MANOMAY TEX INDIA LTD13.7824.87342.8
VTM LTD17.5816.08282.6
UNITED POLYFAB GUJARAT LTD7.7028.06216.2
DIGJAM LTD-12.02-15.39185.0
BSL LTD12.4914.99187.1
AI CHAMPDANY INDUSTRIES LTD22.317.31163.0
JASCH INDUSTRIES LTD22.515.48123.4

Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs SIYARAM SILK MILLS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -15.39x
Max industry PE 28.06x
Median industry PE 14.99x
Average industry PE 12.67x



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