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AK SPINTEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of AK SPINTEX is 64.97.

Share Price ₹864.0Feb 21,2025
Market Cap ₹432.0 Cr
Earnings-TTM₹6.6 CrTTM-Standalone Results
Price/Earnings64.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AK SPINTEX

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 AK SPINTEX is calculated as :

Current Market Cap [ ₹432.0 Cr] as on Feb 21,2025

(/) Earnings [ ₹6.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 64.97x ]

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

Thus, for AK SPINTEX , the investors are currently willing to pay 64.97 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 AK SPINTEX !

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 AK SPINTEX over the last five years.

Historical PE (Price/Earnings) ratio chart of AK SPINTEX


PE Ratio Performance Analysis for AK SPINTEX

- AK SPINTEX 's latest p/e ratio is 64.97x.

- AK SPINTEX 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.61x.

- AK SPINTEX 's operated at median p/e ratio of 12.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AK SPINTEX 's p/e ratio peaked in Mar2021 at 29.17x.

- AK SPINTEX 's p/e ratio hit its five-year low in Mar2020 of 2.86x.


How does AK SPINTEX 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AK SPINTEX 6.6564.97432.0
GANESHA ECOSPHERE LTD100.9635.363,570.0
RAJ RAYON INDUSTRIES LTD-1.78-807.231,435.3
INDO RAMA SYNTHETICS (INDIA) LTD-90.15-11.411,028.5
SARLA PERFORMANCE FIBERS LTD61.1610.22625.0
BANSWARA SYNTEX LTD22.9220.03459.1
PASUPATI ACRYLON LTD36.6210.90399.3
VARDHMAN ACRYLICS LTD15.1623.89362.2

Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs AK SPINTEX 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -807.23x
Max industry PE 64.97x
Median industry PE 20.03x
Average industry PE -81.66x



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