INDO RAMA SYNTHETICS (INDIA)
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The Current P/E Ratio of INDO RAMA SYNTHETICS (INDIA) is -5.04.
Share Price | ₹39.2 | Nov 22,2024 |
Market Cap | ₹1,022.2 Cr | |
Earnings-TTM | ₹-202.8 Cr | TTM-Consolidated Results |
Price/Earnings | -5.04x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDO RAMA SYNTHETICS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
INDO RAMA SYNTHETICS (INDIA) | -202.75 | -5.04 | 1,022.2 |
GANESHA ECOSPHERE LTD | 83.99 | 67.53 | 5,671.5 |
BANSWARA SYNTEX LTD | 21.27 | 21.07 | 448.1 |
SARLA PERFORMANCE FIBERS LTD | 55.89 | 13.05 | 729.6 |
VARDHMAN ACRYLICS LTD | 16.79 | 25.02 | 420.1 |
PASUPATI ACRYLON LTD | 35.58 | 9.89 | 352.0 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs INDO RAMA SYNTHETICS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE 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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