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CANDOUR TECHTEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of CANDOUR TECHTEX is 129.95.

Share Price ₹91.4Feb 25,2025
Market Cap ₹164.5 Cr
Earnings-TTM₹1.3 CrTTM-Standalone Results
Price/Earnings129.95xCalculated 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 [ ₹164.5 Cr] as on Feb 25,2025

(/) Earnings [ ₹1.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 129.95x ]

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 129.95 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 129.95x.

- 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 1.27129.95164.5
PAGE INDUSTRIES LTD673.3469.4546,762.1
KPR MILL LTD824.1733.5927,681.8
VEDANT FASHIONS LTD402.9049.6119,987.9
SWAN ENERGY LTD952.0014.1713,492.8
VARDHMAN TEXTILES LTD801.8914.7111,792.5
WELSPUN LIVING LTD641.0917.2911,083.0
ALOK INDUSTRIES LTD-956.91-8.378,008.9
ARVIND LTD317.2527.128,604.7
GARWARE TECHNICAL FIBRES LTD229.9632.557,484.2
JINDAL WORLDWIDE LTD82.0291.697,520.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -8.37x
Max industry PE 129.95x
Median industry PE 32.55x
Average industry PE 42.89x



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