AK SPINTEX
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The Current P/E Ratio of AK SPINTEX is 64.97.
Share Price | ₹864.0 | Feb 21,2025 |
Market Cap | ₹432.0 Cr | |
Earnings-TTM | ₹6.6 Cr | TTM-Standalone Results |
Price/Earnings | 64.97x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of AK SPINTEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AK SPINTEX | 6.65 | 64.97 | 432.0 |
GANESHA ECOSPHERE LTD | 100.96 | 35.36 | 3,570.0 |
RAJ RAYON INDUSTRIES LTD | -1.78 | -807.23 | 1,435.3 |
INDO RAMA SYNTHETICS (INDIA) LTD | -90.15 | -11.41 | 1,028.5 |
SARLA PERFORMANCE FIBERS LTD | 61.16 | 10.22 | 625.0 |
BANSWARA SYNTEX LTD | 22.92 | 20.03 | 459.1 |
PASUPATI ACRYLON LTD | 36.62 | 10.90 | 399.3 |
VARDHMAN ACRYLICS LTD | 15.16 | 23.89 | 362.2 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs AK SPINTEX 's P/E Ratio
Top 10 Industry Peers | PE 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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