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SUTLEJ TEXTILES AND INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUTLEJ TEXTILES AND INDUSTRIES is -7.30.

Share Price ₹59.7Apr 25,2024
Market Cap ₹977.1 Cr
Earnings-TTM₹-133.9 CrTTM-Consolidated Results
Price/Earnings-7.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUTLEJ TEXTILES AND 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 SUTLEJ TEXTILES AND INDUSTRIES is calculated as :

Current Market Cap [ ₹977.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹-133.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -7.30x ]

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

Thus, for SUTLEJ TEXTILES AND INDUSTRIES , the investors are currently willing to pay -7.30 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 SUTLEJ TEXTILES AND 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 SUTLEJ TEXTILES AND INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SUTLEJ TEXTILES AND INDUSTRIES


PE Ratio Performance Analysis for SUTLEJ TEXTILES AND INDUSTRIES

- SUTLEJ TEXTILES AND INDUSTRIES 's latest p/e ratio is -7.30x.

- SUTLEJ TEXTILES AND INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.66x.

- SUTLEJ TEXTILES AND INDUSTRIES 's operated at median p/e ratio of 11.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUTLEJ TEXTILES AND INDUSTRIES 's p/e ratio peaked in Mar2023 at 17.85x.

- SUTLEJ TEXTILES AND INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does SUTLEJ TEXTILES AND INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SUTLEJ TEXTILES AND INDUSTRIES -133.86-7.30977.1
TRIDENT LTD421.6248.4720,434.8
FILATEX INDIA LTD94.4330.012,833.6
NITIN SPINNERS LTD130.8815.372,011.3
NAHAR SPINNING MILLS LTD-40.92-25.691,051.1
AMBIKA COTTON MILLS LTD65.0213.59883.3
RAJAPALAYAM MILLS LTD6.90132.20912.2
NAHAR INDUSTRIAL ENTERPRISES LTD3.43164.04562.3
SUPER SALES INDIA LTD27.0420.00540.9
PRECOT LTD-4.26-115.10490.8
MARAL OVERSEAS LTD-16.52-18.51305.8

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs SUTLEJ TEXTILES AND INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -115.10x
Max industry PE 164.04x
Median industry PE 15.37x
Average industry PE 23.37x



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