KITEX GARMENTS
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The Current P/E Ratio of KITEX GARMENTS is 29.14.
Share Price | ₹180.7 | Apr 02,2025 |
Market Cap | ₹3,604.0 Cr | |
Earnings-TTM | ₹123.7 Cr | TTM-Consolidated Results |
Price/Earnings | 29.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KITEX GARMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,604.0 Cr] as on Apr 02,2025
(/) Earnings [ ₹123.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.14x ]
Thus, for KITEX GARMENTS , the investors are currently willing to pay 29.14 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 KITEX GARMENTS !
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 KITEX GARMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of KITEX GARMENTS
PE Ratio Performance Analysis for KITEX GARMENTS
- KITEX GARMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.81x.
- KITEX GARMENTS 's operated at median p/e ratio of 13.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KITEX GARMENTS 's p/e ratio peaked in Mar2024 at 21.95x.
- KITEX GARMENTS 's p/e ratio hit its five-year low in Mar2020 of 5.55x.
How does KITEX GARMENTS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KITEX GARMENTS | 123.67 | 29.14 | 3,604.0 |
PAGE INDUSTRIES LTD | 673.34 | 71.26 | 47,981.3 |
KPR MILL LTD | 824.17 | 39.84 | 32,834.6 |
VEDANT FASHIONS LTD | 402.90 | 46.93 | 18,907.1 |
SWAN ENERGY LTD | 952.00 | 14.40 | 13,705.9 |
VARDHMAN TEXTILES LTD | 801.89 | 14.50 | 11,626.3 |
WELSPUN LIVING LTD | 641.09 | 19.61 | 12,574.5 |
ALOK INDUSTRIES LTD | -956.91 | -8.04 | 7,696.1 |
ARVIND LTD | 317.25 | 26.96 | 8,553.6 |
GARWARE TECHNICAL FIBRES LTD | 229.96 | 37.88 | 8,712.1 |
JINDAL WORLDWIDE LTD | 82.02 | 93.48 | 7,667.9 |
Textile Industry Benchmark (Top 10) PE Analysis vs KITEX GARMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -8.04x |
Max industry PE | 93.48x |
Median industry PE | 29.14x |
Average industry PE | 35.09x |
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