CANDOUR TECHTEX
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The Current P/E Ratio of CANDOUR TECHTEX is 129.38.
Share Price | ₹91.0 | Feb 24,2025 |
Market Cap | ₹163.8 Cr | |
Earnings-TTM | ₹1.3 Cr | TTM-Standalone Results |
Price/Earnings | 129.38x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of CANDOUR TECHTEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹163.8 Cr] as on Feb 24,2025
(/) Earnings [ ₹1.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 129.38x ]
Thus, for CANDOUR TECHTEX , the investors are currently willing to pay 129.38 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 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 | 129.38 | 163.8 |
PAGE INDUSTRIES LTD | 673.34 | 68.23 | 45,941.6 |
KPR MILL LTD | 824.17 | 33.64 | 27,727.9 |
VEDANT FASHIONS LTD | 402.90 | 50.73 | 20,439.7 |
SWAN ENERGY LTD | 952.00 | 14.14 | 13,458.3 |
VARDHMAN TEXTILES LTD | 801.89 | 14.69 | 11,776.6 |
WELSPUN LIVING LTD | 641.09 | 17.09 | 10,953.5 |
ALOK INDUSTRIES LTD | -956.91 | -8.50 | 8,133.1 |
ARVIND LTD | 317.25 | 27.04 | 8,578.5 |
GARWARE TECHNICAL FIBRES LTD | 229.96 | 32.56 | 7,488.6 |
JINDAL WORLDWIDE LTD | 82.02 | 89.73 | 7,360.1 |
Textile Industry Benchmark (Top 10) PE Analysis vs CANDOUR TECHTEX 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -8.50x |
Max industry PE | 129.38x |
Median industry PE | 32.56x |
Average industry PE | 42.61x |
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