CANDOUR TECHTEX
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The Current P/E Ratio of CANDOUR TECHTEX is 127.75.
| Share Price | ₹89.9 | Feb 21,2025 |
| Market Cap | ₹161.7 Cr | |
| Earnings-TTM | ₹1.3 Cr | TTM-Standalone Results |
| Price/Earnings | 127.75x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of CANDOUR TECHTEX
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 [ ₹161.7 Cr] as on Feb 21,2025
(/) Earnings [ ₹1.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 127.75x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for CANDOUR TECHTEX , the investors are currently willing to pay 127.75 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 CANDOUR TECHTEX !
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 CANDOUR TECHTEX over the last five years.
Thus, for CANDOUR TECHTEX , the investors are currently willing to pay 127.75 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 CANDOUR TECHTEX !
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 CANDOUR TECHTEX over the last five years.
Historical PE (Price/Earnings) ratio chart of CANDOUR TECHTEX
PE Ratio Performance Analysis for CANDOUR TECHTEX
- CANDOUR TECHTEX 's latest p/e ratio is 127.75x.
- CANDOUR TECHTEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 119.56x.
- CANDOUR TECHTEX 's operated at median p/e ratio of 41.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CANDOUR TECHTEX 's p/e ratio peaked in Mar2020 at 443.37x.
- CANDOUR TECHTEX 's p/e ratio hit its five-year low in Mar2024 of 0x.
- CANDOUR TECHTEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 119.56x.
- CANDOUR TECHTEX 's operated at median p/e ratio of 41.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CANDOUR TECHTEX 's p/e ratio peaked in Mar2020 at 443.37x.
- CANDOUR TECHTEX 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does CANDOUR TECHTEX 's P/E Ratio benchmark against top 10 peers in Textile Industry?
| Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| CANDOUR TECHTEX | 1.27 | 127.75 | 161.7 |
| PAGE INDUSTRIES LTD | 673.34 | 68.09 | 45,846.7 |
| KPR MILL LTD | 824.17 | 33.61 | 27,697.2 |
| VEDANT FASHIONS LTD | 402.90 | 52.64 | 21,208.6 |
| SWAN ENERGY LTD | 952.00 | 14.17 | 13,491.2 |
| VARDHMAN TEXTILES LTD | 801.89 | 15.18 | 12,175.7 |
| WELSPUN LIVING LTD | 641.09 | 17.79 | 11,404.3 |
| ALOK INDUSTRIES LTD | -956.91 | -8.70 | 8,321.7 |
| ARVIND LTD | 317.25 | 26.61 | 8,443.3 |
| GARWARE TECHNICAL FIBRES LTD | 229.96 | 32.97 | 7,580.9 |
| JINDAL WORLDWIDE LTD | 82.02 | 87.20 | 7,152.6 |
Textile Industry Benchmark (Top 10) PE Analysis vs CANDOUR TECHTEX 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -8.70x |
| Max industry PE | 127.75x |
| Median industry PE | 32.97x |
| Average industry PE | 42.48x |
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