INDO COUNT INDUSTRIES
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The Current P/E Ratio of INDO COUNT INDUSTRIES is 24.41.
Share Price | ₹381.2 | Nov 07,2024 |
Market Cap | ₹7,550.6 Cr | |
Earnings-TTM | ₹309.3 Cr | TTM-Consolidated Results |
Price/Earnings | 24.41x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDO COUNT INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
INDO COUNT INDUSTRIES | 309.34 | 24.41 | 7,550.6 |
PAGE INDUSTRIES LTD | 621.04 | 81.01 | 50,310.1 |
KPR MILL LTD | 808.98 | 39.04 | 31,583.6 |
VEDANT FASHIONS LTD | 402.90 | 84.03 | 33,855.9 |
SWAN ENERGY LTD | 708.82 | 23.67 | 16,776.2 |
WELSPUN LIVING LTD | 697.59 | 22.35 | 15,591.0 |
ALOK INDUSTRIES LTD | -913.83 | -12.27 | 11,211.5 |
VARDHMAN TEXTILES LTD | 751.84 | 18.62 | 13,999.0 |
ARVIND LTD | 305.09 | 32.55 | 9,930.1 |
GARWARE TECHNICAL FIBRES LTD | 211.98 | 38.83 | 8,231.3 |
JINDAL WORLDWIDE LTD | 80.03 | 76.50 | 6,121.9 |
Textile Industry Benchmark (Top 10) PE Analysis vs INDO COUNT INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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