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CENTURY TEXTILES & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of CENTURY TEXTILES & INDUSTRIES is 94.64.

Share Price ₹2,540.2Nov 21,2024
Market Cap ₹28,374.0 Cr
Earnings-TTM₹299.8 CrTTM-Consolidated Results
Price/Earnings94.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CENTURY TEXTILES & INDUSTRIES

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 CENTURY TEXTILES & INDUSTRIES is calculated as :

Current Market Cap [ ₹28,374.0 Cr] as on Nov 21,2024

(/) Earnings [ ₹299.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 94.64x ]

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

Thus, for CENTURY TEXTILES & INDUSTRIES , the investors are currently willing to pay 94.64 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 CENTURY TEXTILES & INDUSTRIES !

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 CENTURY TEXTILES & INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of CENTURY TEXTILES & INDUSTRIES


PE Ratio Performance Analysis for CENTURY TEXTILES & INDUSTRIES

- CENTURY TEXTILES & INDUSTRIES 's latest p/e ratio is 94.64x.

- CENTURY TEXTILES & INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 90.63x.

- CENTURY TEXTILES & INDUSTRIES 's operated at median p/e ratio of 26.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CENTURY TEXTILES & INDUSTRIES 's p/e ratio peaked in Mar2024 at 360.84x.

- CENTURY TEXTILES & INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does CENTURY TEXTILES & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Diversified Industry?

Peer Comparison (Diversified Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CENTURY TEXTILES & INDUSTRIES 299.8294.6428,374.0
GRASIM INDUSTRIES LTD8,482.0320.34172,490.0
3M INDIA LTD611.3557.6235,226.7
DCM SHRIRAM LTD521.5038.6420,150.1
BIRLA CORPORATION LTD309.9126.888,328.9
SURYA ROSHNI LTD320.6319.306,186.8
BALMER LAWRIE & COMPANY LTD198.0018.373,636.4
ASPINWALL AND COMPANY LTD15.7213.48212.0
GILLANDERS ARBUTHNOT & COMPANY LTD-35.35-6.54231.3

Diversified Industry Benchmark (Top 10) PE Analysis vs CENTURY TEXTILES & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -6.54x
Max industry PE 94.64x
Median industry PE 20.34x
Average industry PE 31.41x



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