VOITH PAPER FABRICS INDIA
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The Current P/E Ratio of VOITH PAPER FABRICS INDIA is 21.39.
Share Price | ₹1,881.6 | Apr 19,2024 |
Market Cap | ₹827.9 Cr | |
Earnings-TTM | ₹38.7 Cr | TTM-Standalone Results |
Price/Earnings | 21.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VOITH PAPER FABRICS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
VOITH PAPER FABRICS INDIA | 38.71 | 21.39 | 827.9 |
PAGE INDUSTRIES LTD | 539.34 | 73.12 | 39,435.5 |
KPR MILL LTD | 801.29 | 35.99 | 28,840.6 |
VEDANT FASHIONS LTD | 407.25 | 54.87 | 22,344.0 |
SWAN ENERGY LTD | 646.46 | 29.92 | 19,341.9 |
WELSPUN LIVING LTD | 671.22 | 21.17 | 14,212.7 |
ALOK INDUSTRIES LTD | -927.48 | -14.88 | 13,803.4 |
VARDHMAN TEXTILES LTD | 557.59 | 23.78 | 13,258.7 |
ARVIND LTD | 340.74 | 23.52 | 8,015.1 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 32.45 | 6,436.8 |
JINDAL WORLDWIDE LTD | 74.01 | 88.55 | 6,553.0 |
Textile Industry Benchmark (Top 10) PE Analysis vs VOITH PAPER FABRICS INDIA 's P/E Ratio
Top 10 Industry Peers | PE 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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