IRIS CLOTHINGS
|
The Current P/E Ratio of IRIS CLOTHINGS is 39.41.
Share Price | ₹58.6 | Feb 07,2025 |
Market Cap | ₹477.9 Cr | |
Earnings-TTM | ₹12.1 Cr | TTM-Standalone Results |
Price/Earnings | 39.41x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of IRIS CLOTHINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹477.9 Cr] as on Feb 07,2025
(/) Earnings [ ₹12.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 39.41x ]
Thus, for IRIS CLOTHINGS , the investors are currently willing to pay 39.41 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 IRIS CLOTHINGS !
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 IRIS CLOTHINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of IRIS CLOTHINGS
PE Ratio Performance Analysis for IRIS CLOTHINGS
- IRIS CLOTHINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.07x.
- IRIS CLOTHINGS 's operated at median p/e ratio of 12.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, IRIS CLOTHINGS 's p/e ratio peaked in Mar2024 at 49.36x.
- IRIS CLOTHINGS 's p/e ratio hit its five-year low in Mar2020 of 4.73x.
How does IRIS CLOTHINGS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
IRIS CLOTHINGS | 12.13 | 39.41 | 477.9 |
PAGE INDUSTRIES LTD | 673.34 | 71.08 | 47,863.9 |
KPR MILL LTD | 824.17 | 37.06 | 30,541.1 |
VEDANT FASHIONS LTD | 402.90 | 56.53 | 22,774.0 |
SWAN ENERGY LTD | 610.38 | 27.84 | 16,990.9 |
WELSPUN LIVING LTD | 641.09 | 19.23 | 12,325.1 |
ALOK INDUSTRIES LTD | -956.91 | -9.60 | 9,185.7 |
VARDHMAN TEXTILES LTD | 801.89 | 16.26 | 13,038.9 |
ARVIND LTD | 317.25 | 30.75 | 9,754.8 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 37.11 | 8,365.6 |
JINDAL WORLDWIDE LTD | 84.60 | 94.09 | 7,960.7 |
Textile Industry Benchmark (Top 10) PE Analysis vs IRIS CLOTHINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.60x |
Max industry PE | 94.09x |
Median industry PE | 37.06x |
Average industry PE | 38.16x |
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