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ASHIMA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASHIMA is 6.16.

Share Price ₹33.0Feb 06,2025
Market Cap ₹632.2 Cr
Earnings-TTM₹102.6 CrTTM-Standalone Results
Price/Earnings6.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASHIMA

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 ASHIMA is calculated as :

Current Market Cap [ ₹632.2 Cr] as on Feb 06,2025

(/) Earnings [ ₹102.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 6.16x ]

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

Thus, for ASHIMA , the investors are currently willing to pay 6.16 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 ASHIMA !

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 ASHIMA over the last five years.

Historical PE (Price/Earnings) ratio chart of ASHIMA


PE Ratio Performance Analysis for ASHIMA

- ASHIMA 's latest p/e ratio is 6.16x.

- ASHIMA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.04x.

- ASHIMA 's operated at median p/e ratio of 3.58x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASHIMA 's p/e ratio peaked in Mar2021 at 136.14x.

- ASHIMA 's p/e ratio hit its five-year low in Mar2023 of 0x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASHIMA 102.596.16632.2
PAGE INDUSTRIES LTD673.3472.8649,062.5
KPR MILL LTD824.1738.3231,583.6
VEDANT FASHIONS LTD402.9057.8023,287.8
SWAN ENERGY LTD610.3827.8717,009.7
WELSPUN LIVING LTD641.0919.4512,469.0
ALOK INDUSTRIES LTD-956.91-9.739,314.8
VARDHMAN TEXTILES LTD801.8916.2313,011.4
ARVIND LTD317.2529.679,413.2
GARWARE TECHNICAL FIBRES LTD225.4637.378,426.2
JINDAL WORLDWIDE LTD84.6099.578,423.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -9.73x
Max industry PE 99.57x
Median industry PE 29.67x
Average industry PE 35.96x



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