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WELSPUN LIVING
PE (Price/Earnings) Ratio

The Current P/E Ratio of WELSPUN LIVING is 22.11.

Share Price ₹153.1Apr 26,2024
Market Cap ₹14,873.4 Cr
Earnings-TTM₹672.6 CrTTM-Consolidated Results
Price/Earnings22.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of WELSPUN LIVING

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 WELSPUN LIVING is calculated as :

Current Market Cap [ ₹14,873.4 Cr] as on Apr 26,2024

(/) Earnings [ ₹672.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.11x ]

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

Thus, for WELSPUN LIVING , the investors are currently willing to pay 22.11 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 WELSPUN LIVING !

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 WELSPUN LIVING over the last five years.

Historical PE (Price/Earnings) ratio chart of WELSPUN LIVING


PE Ratio Performance Analysis for WELSPUN LIVING

- WELSPUN LIVING 's latest p/e ratio is 22.11x.

- WELSPUN LIVING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.91x.

- WELSPUN LIVING 's operated at median p/e ratio of 15.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WELSPUN LIVING 's p/e ratio peaked in Mar2023 at 31.66x.

- WELSPUN LIVING 's p/e ratio hit its five-year low in Mar2020 of 4.32x.


How does WELSPUN LIVING 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
WELSPUN LIVING 672.6322.1114,873.4
PAGE INDUSTRIES LTD539.3472.8539,290.4
KPR MILL LTD801.2936.8829,551.5
VEDANT FASHIONS LTD407.2555.8222,732.6
SWAN ENERGY LTD646.4629.7519,232.2
ALOK INDUSTRIES LTD-845.86-16.1713,674.3
VARDHMAN TEXTILES LTD557.5923.4113,050.5
ARVIND LTD340.7424.128,219.1
GARWARE TECHNICAL FIBRES LTD198.3732.616,468.2
JINDAL WORLDWIDE LTD74.0191.166,746.5
INDO COUNT INDUSTRIES LTD340.7023.087,862.8

Textile Industry Benchmark (Top 10) PE Analysis vs WELSPUN LIVING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -16.17x
Max industry PE 91.16x
Median industry PE 29.75x
Average industry PE 35.97x



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