VTM
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The Current P/E Ratio of VTM is 15.97.
Share Price | ₹69.8 | Apr 18,2024 |
Market Cap | ₹280.7 Cr | |
Earnings-TTM | ₹17.6 Cr | TTM-Standalone Results |
Price/Earnings | 15.97x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VTM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹280.7 Cr] as on Apr 18,2024
(/) Earnings [ ₹17.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.97x ]
Thus, for VTM , the investors are currently willing to pay 15.97 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 VTM !
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 VTM over the last five years.
Historical PE (Price/Earnings) ratio chart of VTM
PE Ratio Performance Analysis for VTM
- VTM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.56x.
- VTM 's operated at median p/e ratio of 10.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VTM 's p/e ratio peaked in Mar2023 at 20.04x.
- VTM 's p/e ratio hit its five-year low in Mar2020 of 6.31x.
How does VTM 's P/E Ratio benchmark against top 10 peers in Textile - Weaving Industry?
Peer Comparison (Textile - Weaving Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VTM | 17.58 | 15.97 | 280.7 |
RAYMOND LTD | 602.46 | 21.11 | 12,720.2 |
SIYARAM SILK MILLS LTD | 203.86 | 10.24 | 2,087.3 |
MANOMAY TEX INDIA LTD | 13.78 | 24.51 | 337.8 |
UNITED POLYFAB GUJARAT LTD | 7.70 | 27.89 | 214.8 |
DIGJAM LTD | -12.02 | -14.93 | 179.4 |
BSL LTD | 12.49 | 14.97 | 187.0 |
AI CHAMPDANY INDUSTRIES LTD | 22.31 | 7.26 | 161.9 |
JASCH INDUSTRIES LTD | 22.51 | 5.37 | 121.0 |
Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs VTM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -14.93x |
Max industry PE | 27.89x |
Median industry PE | 14.97x |
Average industry PE | 12.49x |
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