Home > PE Ratio > HIMATSINGKA SEIDE

HIMATSINGKA SEIDE
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIMATSINGKA SEIDE is 24.29.

Share Price ₹187.8Dec 26,2024
Market Cap ₹2,360.0 Cr
Earnings-TTM₹97.2 CrTTM-Consolidated Results
Price/Earnings24.29xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HIMATSINGKA SEIDE
Please provide your vote to see the results
HIMATSINGKA SEIDE is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of HIMATSINGKA SEIDE

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 HIMATSINGKA SEIDE is calculated as :

Current Market Cap [ ₹2,360.0 Cr] as on Dec 26,2024

(/) Earnings [ ₹97.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.29x ]

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

Thus, for HIMATSINGKA SEIDE , the investors are currently willing to pay 24.29 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 HIMATSINGKA SEIDE !

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 HIMATSINGKA SEIDE over the last five years.

Historical PE (Price/Earnings) ratio chart of HIMATSINGKA SEIDE


PE Ratio Performance Analysis for HIMATSINGKA SEIDE

- HIMATSINGKA SEIDE 's latest p/e ratio is 24.29x.

- HIMATSINGKA SEIDE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.07x.

- HIMATSINGKA SEIDE 's operated at median p/e ratio of 10.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIMATSINGKA SEIDE 's p/e ratio peaked in Mar2020 at 44.17x.

- HIMATSINGKA SEIDE 's p/e ratio hit its five-year low in Mar2023 of 0x.


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

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HIMATSINGKA SEIDE 97.1624.292,360.0
PAGE INDUSTRIES LTD621.0484.6052,540.6
KPR MILL LTD808.9843.6235,283.8
VEDANT FASHIONS LTD402.9074.6030,054.4
SWAN ENERGY LTD610.3836.7122,404.3
WELSPUN LIVING LTD697.5921.6215,082.7
ALOK INDUSTRIES LTD-913.83-11.5810,585.9
VARDHMAN TEXTILES LTD751.8419.7014,813.0
ARVIND LTD305.0934.6310,565.0
GARWARE TECHNICAL FIBRES LTD225.4639.248,847.8
JINDAL WORLDWIDE LTD84.6095.048,040.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -11.58x
Max industry PE 95.04x
Median industry PE 36.71x
Average industry PE 42.04x



You may also like the below Video Courses