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LAGNAM SPINTEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of LAGNAM SPINTEX is 15.29.

Share Price ₹119.9Dec 24,2024
Market Cap ₹212.2 Cr
Earnings-TTM₹13.9 CrTTM-Standalone Results
Price/Earnings15.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LAGNAM SPINTEX

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 LAGNAM SPINTEX is calculated as :

Current Market Cap [ ₹212.2 Cr] as on Dec 24,2024

(/) Earnings [ ₹13.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 15.29x ]

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

Thus, for LAGNAM SPINTEX , the investors are currently willing to pay 15.29 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 LAGNAM SPINTEX !

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 LAGNAM SPINTEX over the last five years.

Historical PE (Price/Earnings) ratio chart of LAGNAM SPINTEX


PE Ratio Performance Analysis for LAGNAM SPINTEX

- LAGNAM SPINTEX 's latest p/e ratio is 15.29x.

- LAGNAM SPINTEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.21x.

- LAGNAM SPINTEX 's operated at median p/e ratio of 8.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAGNAM SPINTEX 's p/e ratio peaked in Mar2024 at 14x.

- LAGNAM SPINTEX 's p/e ratio hit its five-year low in Mar2022 of 5.36x.


How does LAGNAM SPINTEX 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LAGNAM SPINTEX 13.8815.29212.2
PAGE INDUSTRIES LTD621.0487.7054,464.6
KPR MILL LTD808.9844.4735,972.5
VEDANT FASHIONS LTD402.9075.8730,568.1
SWAN ENERGY LTD610.3837.4722,869.8
WELSPUN LIVING LTD697.5921.8815,264.9
ALOK INDUSTRIES LTD-913.83-11.7910,774.6
VARDHMAN TEXTILES LTD751.8420.3915,332.0
ARVIND LTD305.0934.8710,639.6
GARWARE TECHNICAL FIBRES LTD225.4637.598,475.4
JINDAL WORLDWIDE LTD84.6097.558,253.4

Textile Industry Benchmark (Top 10) PE Analysis vs LAGNAM SPINTEX 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -11.79x
Max industry PE 97.55x
Median industry PE 37.47x
Average industry PE 41.94x



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