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INDO RAMA SYNTHETICS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDO RAMA SYNTHETICS (INDIA) is -5.04.

Share Price ₹39.2Nov 22,2024
Market Cap ₹1,022.2 Cr
Earnings-TTM₹-202.8 CrTTM-Consolidated Results
Price/Earnings-5.04xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDO RAMA SYNTHETICS (INDIA)

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 RAMA SYNTHETICS (INDIA) is calculated as :

Current Market Cap [ ₹1,022.2 Cr] as on Nov 22,2024

(/) Earnings [ ₹-202.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -5.04x ]

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

Thus, for INDO RAMA SYNTHETICS (INDIA) , the investors are currently willing to pay -5.04 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 RAMA SYNTHETICS (INDIA) !

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 RAMA SYNTHETICS (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of INDO RAMA SYNTHETICS (INDIA)


PE Ratio Performance Analysis for INDO RAMA SYNTHETICS (INDIA)

- INDO RAMA SYNTHETICS (INDIA) 's latest p/e ratio is -5.04x.

- INDO RAMA SYNTHETICS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.07x.

- INDO RAMA SYNTHETICS (INDIA) 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDO RAMA SYNTHETICS (INDIA) 's p/e ratio peaked in Mar2021 at 8.96x.

- INDO RAMA SYNTHETICS (INDIA) 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does INDO RAMA SYNTHETICS (INDIA) 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Earnings-TTM (Cr)PE RatioMarket Cap
INDO RAMA SYNTHETICS (INDIA) -202.75-5.041,022.2
GANESHA ECOSPHERE LTD83.9967.535,671.5
BANSWARA SYNTEX LTD21.2721.07448.1
SARLA PERFORMANCE FIBERS LTD55.8913.05729.6
VARDHMAN ACRYLICS LTD16.7925.02420.1
PASUPATI ACRYLON LTD35.589.89352.0

Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs INDO RAMA SYNTHETICS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -5.04x
Max industry PE 67.53x
Median industry PE 21.07x
Average industry PE 21.92x



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