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INDO COUNT INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDO COUNT INDUSTRIES is 24.41.

Share Price ₹381.2Nov 07,2024
Market Cap ₹7,550.6 Cr
Earnings-TTM₹309.3 CrTTM-Consolidated Results
Price/Earnings24.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDO COUNT INDUSTRIES

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 INDO COUNT INDUSTRIES is calculated as :

Current Market Cap [ ₹7,550.6 Cr] as on Nov 07,2024

(/) Earnings [ ₹309.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 24.41x ]

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

Thus, for INDO COUNT INDUSTRIES , the investors are currently willing to pay 24.41 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 INDO COUNT INDUSTRIES !

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 INDO COUNT INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of INDO COUNT INDUSTRIES


PE Ratio Performance Analysis for INDO COUNT INDUSTRIES

- INDO COUNT INDUSTRIES 's latest p/e ratio is 24.41x.

- INDO COUNT INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.85x.

- INDO COUNT INDUSTRIES 's operated at median p/e ratio of 8.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDO COUNT INDUSTRIES 's p/e ratio peaked in Mar2024 at 20.69x.

- INDO COUNT INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 6.38x.


How does INDO COUNT INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INDO COUNT INDUSTRIES 309.3424.417,550.6
PAGE INDUSTRIES LTD621.0481.0150,310.1
KPR MILL LTD808.9839.0431,583.6
VEDANT FASHIONS LTD402.9084.0333,855.9
SWAN ENERGY LTD708.8223.6716,776.2
WELSPUN LIVING LTD697.5922.3515,591.0
ALOK INDUSTRIES LTD-913.83-12.2711,211.5
VARDHMAN TEXTILES LTD751.8418.6213,999.0
ARVIND LTD305.0932.559,930.1
GARWARE TECHNICAL FIBRES LTD211.9838.838,231.3
JINDAL WORLDWIDE LTD80.0376.506,121.9

Textile Industry Benchmark (Top 10) PE Analysis vs INDO COUNT INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.27x
Max industry PE 84.03x
Median industry PE 32.55x
Average industry PE 38.98x



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