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DAMODAR INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DAMODAR INDUSTRIES is 44.89.

Share Price ₹44.3Dec 27,2024
Market Cap ₹103.3 Cr
Earnings-TTM₹2.3 CrTTM-Standalone Results
Price/Earnings44.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DAMODAR 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 DAMODAR INDUSTRIES is calculated as :

Current Market Cap [ ₹103.3 Cr] as on Dec 27,2024

(/) Earnings [ ₹2.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 44.89x ]

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

Thus, for DAMODAR INDUSTRIES , the investors are currently willing to pay 44.89 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 DAMODAR 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 DAMODAR INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of DAMODAR INDUSTRIES


PE Ratio Performance Analysis for DAMODAR INDUSTRIES

- DAMODAR INDUSTRIES 's latest p/e ratio is 44.89x.

- DAMODAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 28.19x.

- DAMODAR INDUSTRIES 's operated at median p/e ratio of 7.62x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DAMODAR INDUSTRIES 's p/e ratio peaked in Mar2023 at 114.89x.

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


How does DAMODAR INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DAMODAR INDUSTRIES 2.3044.89103.3
TRIDENT LTD325.5351.9416,908.4
FILATEX INDIA LTD115.7023.252,689.8
NITIN SPINNERS LTD155.2016.052,491.4
NAHAR SPINNING MILLS LTD-26.40-36.37960.1
SUTLEJ TEXTILES AND INDUSTRIES LTD-85.78-12.701,089.6
AMBIKA COTTON MILLS LTD64.7114.24921.3
RAJAPALAYAM MILLS LTD-49.62-20.741,029.1
NAHAR INDUSTRIAL ENTERPRISES LTD21.4228.15602.9
SUPER SALES INDIA LTD4.4394.75419.3
PRECOT LTD40.8616.73683.6

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs DAMODAR INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -36.37x
Max industry PE 94.75x
Median industry PE 16.73x
Average industry PE 20.02x



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