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FILATEX INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of FILATEX INDIA is 23.62.

Share Price ₹61.6Dec 24,2024
Market Cap ₹2,733.1 Cr
Earnings-TTM₹115.7 CrTTM-Standalone Results
Price/Earnings23.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of FILATEX INDIA

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 FILATEX INDIA is calculated as :

Current Market Cap [ ₹2,733.1 Cr] as on Dec 24,2024

(/) Earnings [ ₹115.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 23.62x ]

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

Thus, for FILATEX INDIA , the investors are currently willing to pay 23.62 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 latest p/e ratio is 23.62x.

- 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 RatioMarket Cap
FILATEX INDIA 115.7023.622,733.1
TRIDENT LTD325.5352.3017,025.6
NITIN SPINNERS LTD155.2016.462,554.1
NAHAR SPINNING MILLS LTD-26.40-38.041,004.1
SUTLEJ TEXTILES AND INDUSTRIES LTD-85.78-13.041,118.6
AMBIKA COTTON MILLS LTD64.7114.62946.1
RAJAPALAYAM MILLS LTD-49.62-21.021,043.0
NAHAR INDUSTRIAL ENTERPRISES LTD21.4228.78616.3
SUPER SALES INDIA LTD4.4394.40417.7
PRECOT LTD40.8617.11699.2
MARAL OVERSEAS LTD-6.47-56.47365.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -56.47x
Max industry PE 94.40x
Median industry PE 16.46x
Average industry PE 10.79x



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