HIMATSINGKA SEIDE
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The Current P/E Ratio of HIMATSINGKA SEIDE is 20.74.
| Share Price | ₹160.3 | Jan 29,2025 |
| Market Cap | ₹2,015.0 Cr | |
| Earnings-TTM | ₹97.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.74x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹2,015.0 Cr] as on Jan 29,2025
(/) Earnings [ ₹97.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.74x ]
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 20.74 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.
Thus, for HIMATSINGKA SEIDE , the investors are currently willing to pay 20.74 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 20.74x.
- 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.
- 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 Ratio | Market Cap |
|---|---|---|---|
| HIMATSINGKA SEIDE | 97.16 | 20.74 | 2,015.0 |
| PAGE INDUSTRIES LTD | 621.04 | 80.98 | 50,291.8 |
| KPR MILL LTD | 808.98 | 39.32 | 31,810.9 |
| VEDANT FASHIONS LTD | 402.90 | 66.86 | 26,938.9 |
| SWAN ENERGY LTD | 610.38 | 28.55 | 17,426.6 |
| WELSPUN LIVING LTD | 697.59 | 20.52 | 14,315.3 |
| ALOK INDUSTRIES LTD | -956.91 | -9.55 | 9,141.0 |
| VARDHMAN TEXTILES LTD | 801.89 | 16.50 | 13,229.8 |
| ARVIND LTD | 317.25 | 27.86 | 8,837.3 |
| GARWARE TECHNICAL FIBRES LTD | 225.46 | 35.40 | 7,980.5 |
| JINDAL WORLDWIDE LTD | 84.60 | 96.90 | 8,198.3 |
Textile Industry Benchmark (Top 10) PE Analysis vs HIMATSINGKA SEIDE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -9.55x |
| Max industry PE | 96.90x |
| Median industry PE | 28.55x |
| Average industry PE | 38.55x |
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