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BHILWARA TECHNICAL TEXTILES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHILWARA TECHNICAL TEXTILES is 131.20.

Share Price ₹43.4Dec 24,2024
Market Cap ₹253.2 Cr
Earnings-TTM₹1.9 CrTTM-Consolidated Results
Price/Earnings131.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHILWARA TECHNICAL TEXTILES

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 BHILWARA TECHNICAL TEXTILES is calculated as :

Current Market Cap [ ₹253.2 Cr] as on Dec 24,2024

(/) Earnings [ ₹1.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 131.20x ]

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

Thus, for BHILWARA TECHNICAL TEXTILES , the investors are currently willing to pay 131.20 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 BHILWARA TECHNICAL TEXTILES !

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 BHILWARA TECHNICAL TEXTILES over the last five years.

Historical PE (Price/Earnings) ratio chart of BHILWARA TECHNICAL TEXTILES


PE Ratio Performance Analysis for BHILWARA TECHNICAL TEXTILES

- BHILWARA TECHNICAL TEXTILES 's latest p/e ratio is 131.20x.

- BHILWARA TECHNICAL TEXTILES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.73x.

- BHILWARA TECHNICAL TEXTILES 's operated at median p/e ratio of 5.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHILWARA TECHNICAL TEXTILES 's p/e ratio peaked in Mar2024 at 17.49x.

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


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHILWARA TECHNICAL TEXTILES 1.93131.20253.2
PAGE INDUSTRIES LTD621.0487.7054,464.6
KPR MILL LTD808.9844.4735,972.5
VEDANT FASHIONS LTD402.9075.8730,568.1
SWAN ENERGY LTD610.3837.4722,869.8
WELSPUN LIVING LTD697.5921.8815,264.9
ALOK INDUSTRIES LTD-913.83-11.7910,774.6
VARDHMAN TEXTILES LTD751.8420.3915,332.0
ARVIND LTD305.0934.8710,639.6
GARWARE TECHNICAL FIBRES LTD225.4637.598,475.4
JINDAL WORLDWIDE LTD84.6097.558,253.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -11.79x
Max industry PE 131.20x
Median industry PE 37.59x
Average industry PE 52.47x



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