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CANDOUR TECHTEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of CANDOUR TECHTEX is 129.38.

Share Price ₹91.0Feb 24,2025
Market Cap ₹163.8 Cr
Earnings-TTM₹1.3 CrTTM-Standalone Results
Price/Earnings129.38xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of CANDOUR TECHTEX is calculated as :

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 ]

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 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 latest p/e ratio is 129.38x.

- 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 RatioMarket Cap
CANDOUR TECHTEX 1.27129.38163.8
PAGE INDUSTRIES LTD673.3468.2345,941.6
KPR MILL LTD824.1733.6427,727.9
VEDANT FASHIONS LTD402.9050.7320,439.7
SWAN ENERGY LTD952.0014.1413,458.3
VARDHMAN TEXTILES LTD801.8914.6911,776.6
WELSPUN LIVING LTD641.0917.0910,953.5
ALOK INDUSTRIES LTD-956.91-8.508,133.1
ARVIND LTD317.2527.048,578.5
GARWARE TECHNICAL FIBRES LTD229.9632.567,488.6
JINDAL WORLDWIDE LTD82.0289.737,360.1

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

Top 10 Industry PeersPE 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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