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GLOBE TEXTILES (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of GLOBE TEXTILES (INDIA) is 22.60.

Share Price ₹3.0Feb 21,2025
Market Cap ₹177.1 Cr
Earnings-TTM₹7.8 CrTTM-Standalone Results
Price/Earnings22.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GLOBE TEXTILES (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 GLOBE TEXTILES (INDIA) is calculated as :

Current Market Cap [ ₹177.1 Cr] as on Feb 21,2025

(/) Earnings [ ₹7.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.60x ]

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

Thus, for GLOBE TEXTILES (INDIA) , the investors are currently willing to pay 22.60 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 GLOBE TEXTILES (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 GLOBE TEXTILES (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of GLOBE TEXTILES (INDIA)


PE Ratio Performance Analysis for GLOBE TEXTILES (INDIA)

- GLOBE TEXTILES (INDIA) 's latest p/e ratio is 22.60x.

- GLOBE TEXTILES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.12x.

- GLOBE TEXTILES (INDIA) 's operated at median p/e ratio of 13.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GLOBE TEXTILES (INDIA) 's p/e ratio peaked in Mar2022 at 26.04x.

- GLOBE TEXTILES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 0.56x.


How does GLOBE TEXTILES (INDIA) 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GLOBE TEXTILES (INDIA) 7.8422.60177.1
PAGE INDUSTRIES LTD673.3468.0945,846.7
KPR MILL LTD824.1733.6127,697.2
VEDANT FASHIONS LTD402.9052.6421,208.6
SWAN ENERGY LTD952.0014.1713,491.2
VARDHMAN TEXTILES LTD801.8915.1812,175.7
WELSPUN LIVING LTD641.0917.7911,404.3
ALOK INDUSTRIES LTD-956.91-8.708,321.7
ARVIND LTD317.2526.628,444.9
GARWARE TECHNICAL FIBRES LTD229.9632.977,580.9
JINDAL WORLDWIDE LTD82.0287.207,152.6

Textile Industry Benchmark (Top 10) PE Analysis vs GLOBE TEXTILES (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -8.70x
Max industry PE 87.20x
Median industry PE 26.62x
Average industry PE 32.92x



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