INDIAN ACRYLICS
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The Current P/E Ratio of INDIAN ACRYLICS is -3.33.
Share Price | ₹9.9 | Jan 22,2025 |
Market Cap | ₹134.1 Cr | |
Earnings-TTM | ₹-40.3 Cr | TTM-Consolidated Results |
Price/Earnings | -3.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIAN ACRYLICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹134.1 Cr] as on Jan 22,2025
(/) Earnings [ ₹-40.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.33x ]
Thus, for INDIAN ACRYLICS , the investors are currently willing to pay -3.33 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 INDIAN ACRYLICS !
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 INDIAN ACRYLICS over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN ACRYLICS
PE Ratio Performance Analysis for INDIAN ACRYLICS
- INDIAN ACRYLICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.20x.
- INDIAN ACRYLICS 's operated at median p/e ratio of 5.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN ACRYLICS 's p/e ratio peaked in Mar2021 at 21.37x.
- INDIAN ACRYLICS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does INDIAN ACRYLICS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN ACRYLICS | -40.25 | -3.33 | 134.1 |
TRIDENT LTD | 325.53 | 49.31 | 16,052.3 |
FILATEX INDIA LTD | 115.70 | 19.62 | 2,270.3 |
NITIN SPINNERS LTD | 155.20 | 14.39 | 2,232.8 |
NAHAR SPINNING MILLS LTD | -26.40 | -32.94 | 869.5 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -10.85 | 930.6 |
AMBIKA COTTON MILLS LTD | 64.71 | 13.34 | 863.5 |
RAJAPALAYAM MILLS LTD | -49.62 | -18.72 | 928.8 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 25.60 | 548.3 |
SUPER SALES INDIA LTD | 4.43 | 72.18 | 319.4 |
PRECOT LTD | 40.86 | 17.02 | 695.3 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs INDIAN ACRYLICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -32.94x |
Max industry PE | 72.18x |
Median industry PE | 14.39x |
Average industry PE | 13.24x |
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