CENTURY TEXTILES & INDUSTRIES
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The Current P/E Ratio of CENTURY TEXTILES & INDUSTRIES is 94.64.
Share Price | ₹2,540.2 | Nov 21,2024 |
Market Cap | ₹28,374.0 Cr | |
Earnings-TTM | ₹299.8 Cr | TTM-Consolidated Results |
Price/Earnings | 94.64x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of CENTURY TEXTILES & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
CENTURY TEXTILES & INDUSTRIES | 299.82 | 94.64 | 28,374.0 |
GRASIM INDUSTRIES LTD | 8,482.03 | 20.34 | 172,490.0 |
3M INDIA LTD | 611.35 | 57.62 | 35,226.7 |
DCM SHRIRAM LTD | 521.50 | 38.64 | 20,150.1 |
BIRLA CORPORATION LTD | 309.91 | 26.88 | 8,328.9 |
SURYA ROSHNI LTD | 320.63 | 19.30 | 6,186.8 |
BALMER LAWRIE & COMPANY LTD | 198.00 | 18.37 | 3,636.4 |
ASPINWALL AND COMPANY LTD | 15.72 | 13.48 | 212.0 |
GILLANDERS ARBUTHNOT & COMPANY LTD | -35.35 | -6.54 | 231.3 |
Diversified Industry Benchmark (Top 10) PE Analysis vs CENTURY TEXTILES & INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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