GLOSTER
|
The Current P/E Ratio of GLOSTER is -344.30.
Share Price | ₹631.8 | Jan 15,2025 |
Market Cap | ₹688.6 Cr | |
Earnings-TTM | ₹-2.0 Cr | TTM-Consolidated Results |
Price/Earnings | -344.30x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GLOSTER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
GLOSTER | -2.00 | -344.30 | 688.6 |
PAGE INDUSTRIES LTD | 621.04 | 82.65 | 51,326.1 |
KPR MILL LTD | 808.98 | 40.80 | 33,009.0 |
VEDANT FASHIONS LTD | 402.90 | 72.70 | 29,290.4 |
SWAN ENERGY LTD | 610.38 | 33.25 | 20,294.8 |
WELSPUN LIVING LTD | 697.59 | 20.79 | 14,502.4 |
ALOK INDUSTRIES LTD | -913.83 | -11.34 | 10,362.5 |
VARDHMAN TEXTILES LTD | 751.84 | 18.26 | 13,730.0 |
ARVIND LTD | 305.09 | 33.82 | 10,317.6 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 34.49 | 7,776.0 |
JINDAL WORLDWIDE LTD | 84.60 | 92.86 | 7,856.4 |
Textile Industry Benchmark (Top 10) PE Analysis vs GLOSTER 's P/E Ratio
Top 10 Industry Peers | PE 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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