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SOMA TEXTILES & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SOMA TEXTILES & INDUSTRIES is -188.53.

Share Price ₹34.9May 18,2024
Market Cap ₹115.0 Cr
Earnings-TTM₹-0.6 CrTTM-Consolidated Results
Price/Earnings-188.53xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SOMA TEXTILES & INDUSTRIES

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 SOMA TEXTILES & INDUSTRIES is calculated as :

Current Market Cap [ ₹115.0 Cr] as on May 18,2024

(/) Earnings [ ₹-0.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -188.53x ]

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

Thus, for SOMA TEXTILES & INDUSTRIES , the investors are currently willing to pay -188.53 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 SOMA TEXTILES & INDUSTRIES !

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 SOMA TEXTILES & INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SOMA TEXTILES & INDUSTRIES


PE Ratio Performance Analysis for SOMA TEXTILES & INDUSTRIES

- SOMA TEXTILES & INDUSTRIES 's latest p/e ratio is -188.53x.

- SOMA TEXTILES & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.15x.

- SOMA TEXTILES & INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOMA TEXTILES & INDUSTRIES 's p/e ratio peaked in Mar2023 at 0.73x.

- SOMA TEXTILES & INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does SOMA TEXTILES & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SOMA TEXTILES & INDUSTRIES -0.61-188.53115.0
PAGE INDUSTRIES LTD539.3474.0339,925.7
KPR MILL LTD805.3535.4328,536.3
VEDANT FASHIONS LTD414.1760.1824,923.6
SWAN ENERGY LTD646.4629.0918,807.4
WELSPUN LIVING LTD672.6321.0014,125.2
ALOK INDUSTRIES LTD-845.86-15.6513,237.3
VARDHMAN TEXTILES LTD594.0522.5013,365.7
ARVIND LTD352.7128.079,900.1
GARWARE TECHNICAL FIBRES LTD198.3732.306,408.1
JINDAL WORLDWIDE LTD74.0195.827,091.4

Textile Industry Benchmark (Top 10) PE Analysis vs SOMA TEXTILES & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -188.53x
Max industry PE 95.82x
Median industry PE 29.09x
Average industry PE 17.66x



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