SPORTKING INDIA
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The Current P/E Ratio of SPORTKING INDIA is 13.92.
Share Price | ₹858.7 | Apr 19,2024 |
Market Cap | ₹1,090.5 Cr | |
Earnings-TTM | ₹78.3 Cr | TTM-Standalone Results |
Price/Earnings | 13.92x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SPORTKING INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,090.5 Cr] as on Apr 19,2024
(/) Earnings [ ₹78.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 13.92x ]
Thus, for SPORTKING INDIA , the investors are currently willing to pay 13.92 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 SPORTKING INDIA !
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 SPORTKING INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of SPORTKING INDIA
PE Ratio Performance Analysis for SPORTKING INDIA
- SPORTKING INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.81x.
- SPORTKING INDIA 's operated at median p/e ratio of 1.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SPORTKING INDIA 's p/e ratio peaked in Mar2023 at 6.51x.
- SPORTKING INDIA 's p/e ratio hit its five-year low in Mar2021 of 0.88x.
How does SPORTKING INDIA 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SPORTKING INDIA | 78.34 | 13.92 | 1,090.5 |
PAGE INDUSTRIES LTD | 539.34 | 73.12 | 39,435.5 |
KPR MILL LTD | 801.29 | 35.99 | 28,840.6 |
VEDANT FASHIONS LTD | 407.25 | 54.87 | 22,344.0 |
SWAN ENERGY LTD | 646.46 | 29.92 | 19,341.9 |
WELSPUN LIVING LTD | 671.22 | 21.17 | 14,212.7 |
ALOK INDUSTRIES LTD | -927.48 | -14.88 | 13,803.4 |
VARDHMAN TEXTILES LTD | 557.59 | 23.78 | 13,258.7 |
ARVIND LTD | 340.74 | 23.52 | 8,015.1 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 32.45 | 6,436.8 |
JINDAL WORLDWIDE LTD | 74.01 | 88.55 | 6,553.0 |
Textile Industry Benchmark (Top 10) PE Analysis vs SPORTKING INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -14.88x |
Max industry PE | 88.55x |
Median industry PE | 29.92x |
Average industry PE | 34.76x |
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