TRIDENT
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The Current P/E Ratio of TRIDENT is 32.12.
| Share Price | ₹25.5 | Apr 24,2026 |
| Market Cap | ₹12,979.5 Cr | |
| Earnings-TTM | ₹404.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 32.12x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TRIDENT
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)
Current Market Cap [ ₹12,979.5 Cr] as on Apr 24,2026
(/) Earnings [ ₹404.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.12x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for TRIDENT , the investors are currently willing to pay 32.12 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 TRIDENT !
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 TRIDENT over the last five years.
Thus, for TRIDENT , the investors are currently willing to pay 32.12 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 TRIDENT !
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 TRIDENT over the last five years.
Historical PE (Price/Earnings) ratio chart of TRIDENT
PE Ratio Performance Analysis for TRIDENT
- TRIDENT 's latest p/e ratio is 32.12x.
- TRIDENT 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 35.00x.
- TRIDENT 's operated at median p/e ratio of 32.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRIDENT 's p/e ratio peaked in Mar2024 at 53.27x.
- TRIDENT 's p/e ratio hit its five-year low in Mar2021 of 23.52x.
- TRIDENT 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 35.00x.
- TRIDENT 's operated at median p/e ratio of 32.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRIDENT 's p/e ratio peaked in Mar2024 at 53.27x.
- TRIDENT 's p/e ratio hit its five-year low in Mar2021 of 23.52x.
How does TRIDENT 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
| Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TRIDENT | 404.13 | 32.12 | 12,979.5 |
| SANATHAN TEXTILES LTD | 99.43 | 36.76 | 3,654.7 |
| NITIN SPINNERS LTD | 166.56 | 13.94 | 2,322.2 |
| FILATEX INDIA LTD | 185.03 | 9.90 | 1,831.3 |
| JAYBHARAT TEXTILES & REAL ESTATE LTD | -39.02 | -25.66 | 1,001.5 |
| AMBIKA COTTON MILLS LTD | 62.89 | 13.23 | 831.7 |
| RAJAPALAYAM MILLS LTD | -32.97 | -21.88 | 721.4 |
| NAHAR SPINNING MILLS LTD | 20.82 | 40.34 | 839.6 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | -80.72 | -7.36 | 594.4 |
| PRECOT LTD | 39.84 | 16.99 | 676.8 |
| NAHAR INDUSTRIAL ENTERPRISES LTD | 41.65 | 11.36 | 473.3 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs TRIDENT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -25.66x |
| Max industry PE | 40.34x |
| Median industry PE | 13.23x |
| Average industry PE | 10.88x |
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