DAMODAR INDUSTRIES
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The Current P/E Ratio of DAMODAR INDUSTRIES is 44.89.
Share Price | ₹44.3 | Dec 27,2024 |
Market Cap | ₹103.3 Cr | |
Earnings-TTM | ₹2.3 Cr | TTM-Standalone Results |
Price/Earnings | 44.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DAMODAR INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
DAMODAR INDUSTRIES | 2.30 | 44.89 | 103.3 |
TRIDENT LTD | 325.53 | 51.94 | 16,908.4 |
FILATEX INDIA LTD | 115.70 | 23.25 | 2,689.8 |
NITIN SPINNERS LTD | 155.20 | 16.05 | 2,491.4 |
NAHAR SPINNING MILLS LTD | -26.40 | -36.37 | 960.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -12.70 | 1,089.6 |
AMBIKA COTTON MILLS LTD | 64.71 | 14.24 | 921.3 |
RAJAPALAYAM MILLS LTD | -49.62 | -20.74 | 1,029.1 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 28.15 | 602.9 |
SUPER SALES INDIA LTD | 4.43 | 94.75 | 419.3 |
PRECOT LTD | 40.86 | 16.73 | 683.6 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs DAMODAR INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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