TRIDENT
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The Current P/E Ratio of TRIDENT is 32.54.
| Share Price | ₹24.7 | Jul 31,2026 |
| Market Cap | ₹12,597.3 Cr | |
| Earnings-TTM | ₹387.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 32.54x | 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 [ ₹12,597.3 Cr] as on Jul 31,2026
(/) Earnings [ ₹387.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.54x ]
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 32.54 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 32.54 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 32.54x.
- TRIDENT 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 36.39x.
- 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 Mar2026 of 30.46x.
- TRIDENT 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 36.39x.
- 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 Mar2026 of 30.46x.
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 | 387.10 | 32.54 | 12,597.3 |
| SANATHAN TEXTILES LTD | 77.35 | 51.66 | 3,995.7 |
| NITIN SPINNERS LTD | 177.55 | 17.24 | 3,061.2 |
| FILATEX INDIA LTD | 191.11 | 17.08 | 3,264.3 |
| SUMEET INDUSTRIES LTD | 30.66 | 50.69 | 1,554.2 |
| PASHUPATI COTSPIN LTD | 10.42 | 130.01 | 1,354.4 |
| JAYBHARAT TEXTILES & REAL ESTATE LTD | -39.02 | -22.93 | 894.7 |
| NAHAR SPINNING MILLS LTD | 21.82 | 46.76 | 1,020.3 |
| AMBIKA COTTON MILLS LTD | 71.56 | 13.74 | 983.0 |
| GHCL TEXTILES LTD | 96.20 | 11.27 | 1,083.9 |
| PRECOT LTD | 35.85 | 27.10 | 971.5 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs TRIDENT 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -22.93x |
| Max industry PE | 130.01x |
| Median industry PE | 27.10x |
| Average industry PE | 34.11x |
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