Home > PE Ratio > VTM

VTM
PE (Price/Earnings) Ratio

The Current P/E Ratio of VTM is 15.97.

Share Price ₹69.8Apr 18,2024
Market Cap ₹280.7 Cr
Earnings-TTM₹17.6 CrTTM-Standalone Results
Price/Earnings15.97xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for VTM
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of VTM

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 VTM is calculated as :

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 ]

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

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 latest p/e ratio is 15.97x.

- 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 RatioMarket Cap
VTM 17.5815.97280.7
RAYMOND LTD602.4621.1112,720.2
SIYARAM SILK MILLS LTD203.8610.242,087.3
MANOMAY TEX INDIA LTD13.7824.51337.8
UNITED POLYFAB GUJARAT LTD7.7027.89214.8
DIGJAM LTD-12.02-14.93179.4
BSL LTD12.4914.97187.0
AI CHAMPDANY INDUSTRIES LTD22.317.26161.9
JASCH INDUSTRIES LTD22.515.37121.0

Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs VTM 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -14.93x
Max industry PE 27.89x
Median industry PE 14.97x
Average industry PE 12.49x



You may also like the below Video Courses