AXITA COTTON
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The Current P/E Ratio of AXITA COTTON is 31.39.
| Share Price | ₹11.1 | Feb 01,2025 |
| Market Cap | ₹384.7 Cr | |
| Earnings-TTM | ₹12.3 Cr | TTM-Standalone Results |
| Price/Earnings | 31.39x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of AXITA COTTON
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)
Current Market Cap [ ₹384.7 Cr] as on Feb 01,2025
(/) Earnings [ ₹12.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 31.39x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for AXITA COTTON , the investors are currently willing to pay 31.39 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 AXITA COTTON !
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 AXITA COTTON over the last five years.
Thus, for AXITA COTTON , the investors are currently willing to pay 31.39 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 AXITA COTTON !
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 AXITA COTTON over the last five years.
Historical PE (Price/Earnings) ratio chart of AXITA COTTON
PE Ratio Performance Analysis for AXITA COTTON
- AXITA COTTON 's latest p/e ratio is 31.39x.
- AXITA COTTON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.85x.
- AXITA COTTON 's operated at median p/e ratio of 10.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXITA COTTON 's p/e ratio peaked in Mar2023 at 36.88x.
- AXITA COTTON 's p/e ratio hit its five-year low in Mar2021 of 0.71x.
- AXITA COTTON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.85x.
- AXITA COTTON 's operated at median p/e ratio of 10.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXITA COTTON 's p/e ratio peaked in Mar2023 at 36.88x.
- AXITA COTTON 's p/e ratio hit its five-year low in Mar2021 of 0.71x.
How does AXITA COTTON 's P/E Ratio benchmark against top 10 peers in Textile Industry?
| Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| AXITA COTTON | 12.26 | 31.39 | 384.7 |
| PAGE INDUSTRIES LTD | 621.04 | 83.90 | 52,107.1 |
| KPR MILL LTD | 808.98 | 39.31 | 31,804.1 |
| VEDANT FASHIONS LTD | 402.90 | 58.63 | 23,621.8 |
| SWAN ENERGY LTD | 610.38 | 29.02 | 17,710.3 |
| WELSPUN LIVING LTD | 641.09 | 20.67 | 13,250.7 |
| ALOK INDUSTRIES LTD | -956.91 | -9.70 | 9,285.0 |
| VARDHMAN TEXTILES LTD | 801.89 | 16.35 | 13,111.2 |
| ARVIND LTD | 317.25 | 29.14 | 9,244.3 |
| GARWARE TECHNICAL FIBRES LTD | 225.46 | 35.24 | 7,944.7 |
| JINDAL WORLDWIDE LTD | 84.60 | 97.67 | 8,263.5 |
Textile Industry Benchmark (Top 10) PE Analysis vs AXITA COTTON 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -9.70x |
| Max industry PE | 97.67x |
| Median industry PE | 31.39x |
| Average industry PE | 39.24x |
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