DEEPAK SPINNERS
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The Current P/E Ratio of DEEPAK SPINNERS is -10.54.
| Share Price | ₹183.5 | Nov 19,2024 |
| Market Cap | ₹132.1 Cr | |
| Earnings-TTM | ₹-12.5 Cr | TTM-Standalone Results |
| Price/Earnings | -10.54x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of DEEPAK SPINNERS
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)
Current Market Cap [ ₹132.1 Cr] as on Nov 19,2024
(/) Earnings [ ₹-12.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -10.54x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for DEEPAK SPINNERS , the investors are currently willing to pay -10.54 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 DEEPAK SPINNERS !
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 DEEPAK SPINNERS over the last five years.
Thus, for DEEPAK SPINNERS , the investors are currently willing to pay -10.54 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 DEEPAK SPINNERS !
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 DEEPAK SPINNERS over the last five years.
Historical PE (Price/Earnings) ratio chart of DEEPAK SPINNERS
PE Ratio Performance Analysis for DEEPAK SPINNERS
- DEEPAK SPINNERS 's latest p/e ratio is -10.54x.
- DEEPAK SPINNERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 27.85x.
- DEEPAK SPINNERS 's operated at median p/e ratio of 4.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK SPINNERS 's p/e ratio peaked in Mar2024 at 122.01x.
- DEEPAK SPINNERS 's p/e ratio hit its five-year low in Mar2020 of 3.91x.
- DEEPAK SPINNERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 27.85x.
- DEEPAK SPINNERS 's operated at median p/e ratio of 4.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DEEPAK SPINNERS 's p/e ratio peaked in Mar2024 at 122.01x.
- DEEPAK SPINNERS 's p/e ratio hit its five-year low in Mar2020 of 3.91x.
How does DEEPAK SPINNERS '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 |
|---|---|---|---|
| DEEPAK SPINNERS | -12.53 | -10.54 | 132.1 |
| TRIDENT LTD | 325.53 | 49.89 | 16,240.8 |
| FILATEX INDIA LTD | 115.70 | 24.64 | 2,851.3 |
| NITIN SPINNERS LTD | 155.20 | 13.39 | 2,077.3 |
| NAHAR SPINNING MILLS LTD | -26.40 | -33.05 | 872.4 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -11.27 | 966.6 |
| AMBIKA COTTON MILLS LTD | 64.71 | 12.81 | 829.2 |
| RAJAPALAYAM MILLS LTD | -49.62 | -18.15 | 900.4 |
| NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 26.75 | 572.9 |
| SUPER SALES INDIA LTD | 4.43 | 86.50 | 382.8 |
| PRECOT LTD | 40.86 | 16.43 | 671.2 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs DEEPAK SPINNERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -33.05x |
| Max industry PE | 86.50x |
| Median industry PE | 13.39x |
| Average industry PE | 14.31x |
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