FILATEX INDIA
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The Current P/E Ratio of FILATEX INDIA is 24.52.
Share Price | ₹63.9 | Dec 20,2024 |
Market Cap | ₹2,836.5 Cr | |
Earnings-TTM | ₹115.7 Cr | TTM-Standalone Results |
Price/Earnings | 24.52x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FILATEX INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,836.5 Cr] as on Dec 20,2024
(/) Earnings [ ₹115.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.52x ]
Thus, for FILATEX INDIA , the investors are currently willing to pay 24.52 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 FILATEX INDIA !
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 FILATEX INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of FILATEX INDIA
PE Ratio Performance Analysis for FILATEX INDIA
- FILATEX INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.04x.
- FILATEX INDIA 's operated at median p/e ratio of 4.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FILATEX INDIA 's p/e ratio peaked in Mar2024 at 23.42x.
- FILATEX INDIA 's p/e ratio hit its five-year low in Mar2020 of 1.63x.
How does FILATEX INDIA '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 |
---|---|---|---|
FILATEX INDIA | 115.70 | 24.52 | 2,836.5 |
TRIDENT LTD | 325.53 | 53.60 | 17,448.6 |
NITIN SPINNERS LTD | 155.20 | 16.61 | 2,577.7 |
NAHAR SPINNING MILLS LTD | -26.40 | -39.88 | 1,052.8 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -13.24 | 1,136.0 |
AMBIKA COTTON MILLS LTD | 64.71 | 14.51 | 938.9 |
RAJAPALAYAM MILLS LTD | -49.62 | -19.55 | 970.1 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 29.09 | 623.0 |
SUPER SALES INDIA LTD | 4.43 | 94.31 | 417.3 |
PRECOT LTD | 40.86 | 17.97 | 734.1 |
MARAL OVERSEAS LTD | -6.47 | -54.64 | 353.5 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs FILATEX INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -54.64x |
Max industry PE | 94.31x |
Median industry PE | 16.61x |
Average industry PE | 11.21x |
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