INDIAN ACRYLICS
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The Current P/E Ratio of INDIAN ACRYLICS is -2.98.
Share Price | ₹8.9 | Feb 07,2025 |
Market Cap | ₹119.9 Cr | |
Earnings-TTM | ₹-40.3 Cr | TTM-Consolidated Results |
Price/Earnings | -2.98x | 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 [ ₹119.9 Cr] as on Feb 07,2025
(/) Earnings [ ₹-40.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -2.98x ]
Thus, for INDIAN ACRYLICS , the investors are currently willing to pay -2.98 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 | -2.98 | 119.9 |
TRIDENT LTD | 296.32 | 52.25 | 15,481.5 |
FILATEX INDIA LTD | 128.03 | 16.45 | 2,106.5 |
NITIN SPINNERS LTD | 168.23 | 13.02 | 2,190.1 |
NAHAR SPINNING MILLS LTD | -10.43 | -76.56 | 798.9 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -81.36 | -10.55 | 858.0 |
AMBIKA COTTON MILLS LTD | 64.71 | 13.27 | 858.8 |
RAJAPALAYAM MILLS LTD | -58.10 | -14.95 | 868.7 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 24.44 | 523.4 |
SUPER SALES INDIA LTD | -2.09 | -144.84 | 303.2 |
PRECOT LTD | 40.86 | 13.80 | 564.0 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs INDIAN ACRYLICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -144.84x |
Max industry PE | 52.25x |
Median industry PE | 13.02x |
Average industry PE | -10.60x |
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