VISHAL FABRICS
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The Current P/E Ratio of VISHAL FABRICS is 16.88.
Share Price | ₹21.6 | Apr 29,2024 |
Market Cap | ₹426.8 Cr | |
Earnings-TTM | ₹25.3 Cr | TTM-Standalone Results |
Price/Earnings | 16.88x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VISHAL FABRICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹426.8 Cr] as on Apr 29,2024
(/) Earnings [ ₹25.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 16.88x ]
Thus, for VISHAL FABRICS , the investors are currently willing to pay 16.88 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 VISHAL FABRICS !
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 VISHAL FABRICS over the last five years.
Historical PE (Price/Earnings) ratio chart of VISHAL FABRICS
PE Ratio Performance Analysis for VISHAL FABRICS
- VISHAL FABRICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.85x.
- VISHAL FABRICS 's operated at median p/e ratio of 7.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VISHAL FABRICS 's p/e ratio peaked in Mar2019 at 15.31x.
- VISHAL FABRICS 's p/e ratio hit its five-year low in Mar2020 of 5.14x.
How does VISHAL FABRICS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VISHAL FABRICS | 25.29 | 16.88 | 426.8 |
PAGE INDUSTRIES LTD | 539.34 | 72.60 | 39,158.6 |
KPR MILL LTD | 801.29 | 35.87 | 28,744.8 |
VEDANT FASHIONS LTD | 407.25 | 56.63 | 23,062.9 |
SWAN ENERGY LTD | 646.46 | 29.90 | 19,330.9 |
WELSPUN LIVING LTD | 672.63 | 21.94 | 14,756.9 |
ALOK INDUSTRIES LTD | -845.86 | -16.20 | 13,699.1 |
VARDHMAN TEXTILES LTD | 557.59 | 23.39 | 13,043.2 |
ARVIND LTD | 340.74 | 24.26 | 8,266.2 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 32.49 | 6,444.7 |
JINDAL WORLDWIDE LTD | 74.01 | 91.46 | 6,768.6 |
Textile Industry Benchmark (Top 10) PE Analysis vs VISHAL FABRICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -16.20x |
Max industry PE | 91.46x |
Median industry PE | 29.90x |
Average industry PE | 35.39x |
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