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VOITH PAPER FABRICS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of VOITH PAPER FABRICS INDIA is 21.39.

Share Price ₹1,881.6Apr 19,2024
Market Cap ₹827.9 Cr
Earnings-TTM₹38.7 CrTTM-Standalone Results
Price/Earnings21.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VOITH PAPER FABRICS INDIA

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 VOITH PAPER FABRICS INDIA is calculated as :

Current Market Cap [ ₹827.9 Cr] as on Apr 19,2024

(/) Earnings [ ₹38.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 21.39x ]

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

Thus, for VOITH PAPER FABRICS INDIA , the investors are currently willing to pay 21.39 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 VOITH PAPER FABRICS 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 VOITH PAPER FABRICS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of VOITH PAPER FABRICS INDIA


PE Ratio Performance Analysis for VOITH PAPER FABRICS INDIA

- VOITH PAPER FABRICS INDIA 's latest p/e ratio is 21.39x.

- VOITH PAPER FABRICS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.54x.

- VOITH PAPER FABRICS INDIA 's operated at median p/e ratio of 15.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VOITH PAPER FABRICS INDIA 's p/e ratio peaked in Mar2021 at 17.56x.

- VOITH PAPER FABRICS INDIA 's p/e ratio hit its five-year low in Mar2020 of 13.99x.


How does VOITH PAPER FABRICS INDIA 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VOITH PAPER FABRICS INDIA 38.7121.39827.9
PAGE INDUSTRIES LTD539.3473.1239,435.5
KPR MILL LTD801.2935.9928,840.6
VEDANT FASHIONS LTD407.2554.8722,344.0
SWAN ENERGY LTD646.4629.9219,341.9
WELSPUN LIVING LTD671.2221.1714,212.7
ALOK INDUSTRIES LTD-927.48-14.8813,803.4
VARDHMAN TEXTILES LTD557.5923.7813,258.7
ARVIND LTD340.7423.528,015.1
GARWARE TECHNICAL FIBRES LTD198.3732.456,436.8
JINDAL WORLDWIDE LTD74.0188.556,553.0

Textile Industry Benchmark (Top 10) PE Analysis vs VOITH PAPER FABRICS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -14.88x
Max industry PE 88.55x
Median industry PE 29.92x
Average industry PE 35.44x



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