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GLOSTER
PE (Price/Earnings) Ratio

The Current P/E Ratio of GLOSTER is -344.30.

Share Price ₹631.8Jan 15,2025
Market Cap ₹688.6 Cr
Earnings-TTM₹-2.0 CrTTM-Consolidated Results
Price/Earnings-344.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GLOSTER

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 GLOSTER is calculated as :

Current Market Cap [ ₹688.6 Cr] as on Jan 15,2025

(/) Earnings [ ₹-2.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -344.30x ]

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

Thus, for GLOSTER , the investors are currently willing to pay -344.30 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 GLOSTER !

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 GLOSTER over the last five years.

Historical PE (Price/Earnings) ratio chart of GLOSTER


PE Ratio Performance Analysis for GLOSTER

- GLOSTER 's latest p/e ratio is -344.30x.

- GLOSTER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.34x.

- GLOSTER 's operated at median p/e ratio of 5.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GLOSTER 's p/e ratio peaked in Mar2024 at 36.8x.

- GLOSTER 's p/e ratio hit its five-year low in Mar2021 of 3.85x.


How does GLOSTER 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GLOSTER -2.00-344.30688.6
PAGE INDUSTRIES LTD621.0482.6551,326.1
KPR MILL LTD808.9840.8033,009.0
VEDANT FASHIONS LTD402.9072.7029,290.4
SWAN ENERGY LTD610.3833.2520,294.8
WELSPUN LIVING LTD697.5920.7914,502.4
ALOK INDUSTRIES LTD-913.83-11.3410,362.5
VARDHMAN TEXTILES LTD751.8418.2613,730.0
ARVIND LTD305.0933.8210,317.6
GARWARE TECHNICAL FIBRES LTD225.4634.497,776.0
JINDAL WORLDWIDE LTD84.6092.867,856.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -344.30x
Max industry PE 92.86x
Median industry PE 33.82x
Average industry PE 6.73x



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