GARWARE TECHNICAL FIBRES
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The Current P/E Ratio of GARWARE TECHNICAL FIBRES is 37.35.
Share Price | ₹3,978.1 | Nov 12,2024 |
Market Cap | ₹7,916.4 Cr | |
Earnings-TTM | ₹212.0 Cr | TTM-Consolidated Results |
Price/Earnings | 37.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GARWARE TECHNICAL FIBRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,916.4 Cr] as on Nov 12,2024
(/) Earnings [ ₹212.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.35x ]
Thus, for GARWARE TECHNICAL FIBRES , the investors are currently willing to pay 37.35 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 GARWARE TECHNICAL FIBRES !
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 GARWARE TECHNICAL FIBRES over the last five years.
Historical PE (Price/Earnings) ratio chart of GARWARE TECHNICAL FIBRES
PE Ratio Performance Analysis for GARWARE TECHNICAL FIBRES
- GARWARE TECHNICAL FIBRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.48x.
- GARWARE TECHNICAL FIBRES 's operated at median p/e ratio of 33.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GARWARE TECHNICAL FIBRES 's p/e ratio peaked in Mar2022 at 35.43x.
- GARWARE TECHNICAL FIBRES 's p/e ratio hit its five-year low in Mar2020 of 16.61x.
How does GARWARE TECHNICAL FIBRES 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GARWARE TECHNICAL FIBRES | 211.98 | 37.35 | 7,916.4 |
PAGE INDUSTRIES LTD | 621.04 | 84.55 | 52,505.7 |
KPR MILL LTD | 808.98 | 39.16 | 31,682.7 |
VEDANT FASHIONS LTD | 402.90 | 82.54 | 33,253.5 |
SWAN ENERGY LTD | 708.82 | 23.66 | 16,771.5 |
WELSPUN LIVING LTD | 697.59 | 21.22 | 14,799.7 |
ALOK INDUSTRIES LTD | -913.83 | -11.47 | 10,481.6 |
VARDHMAN TEXTILES LTD | 751.84 | 18.64 | 14,012.0 |
ARVIND LTD | 305.09 | 29.78 | 9,084.7 |
JINDAL WORLDWIDE LTD | 80.03 | 74.49 | 5,961.5 |
INDO COUNT INDUSTRIES LTD | 309.34 | 22.08 | 6,830.9 |
Textile Industry Benchmark (Top 10) PE Analysis vs GARWARE TECHNICAL FIBRES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -11.47x |
Max industry PE | 84.55x |
Median industry PE | 29.78x |
Average industry PE | 38.36x |
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