Home > PE Ratio > INDIAN ACRYLICS

INDIAN ACRYLICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIAN ACRYLICS is -2.98.

Share Price ₹8.9Feb 07,2025
Market Cap ₹119.9 Cr
Earnings-TTM₹-40.3 CrTTM-Consolidated Results
Price/Earnings-2.98xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for INDIAN ACRYLICS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of INDIAN ACRYLICS

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 INDIAN ACRYLICS is calculated as :

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 ]

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

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 latest p/e ratio is -2.98x.

- 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 RatioMarket Cap
INDIAN ACRYLICS -40.25-2.98119.9
TRIDENT LTD296.3252.2515,481.5
FILATEX INDIA LTD128.0316.452,106.5
NITIN SPINNERS LTD168.2313.022,190.1
NAHAR SPINNING MILLS LTD-10.43-76.56798.9
SUTLEJ TEXTILES AND INDUSTRIES LTD-81.36-10.55858.0
AMBIKA COTTON MILLS LTD64.7113.27858.8
RAJAPALAYAM MILLS LTD-58.10-14.95868.7
NAHAR INDUSTRIAL ENTERPRISES LTD21.4224.44523.4
SUPER SALES INDIA LTD-2.09-144.84303.2
PRECOT LTD40.8613.80564.0

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs INDIAN ACRYLICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -144.84x
Max industry PE 52.25x
Median industry PE 13.02x
Average industry PE -10.60x



You may also like the below Video Courses