LAGNAM SPINTEX
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The Current P/E Ratio of LAGNAM SPINTEX is 15.29.
Share Price | ₹119.9 | Dec 24,2024 |
Market Cap | ₹212.2 Cr | |
Earnings-TTM | ₹13.9 Cr | TTM-Standalone Results |
Price/Earnings | 15.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LAGNAM SPINTEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
LAGNAM SPINTEX | 13.88 | 15.29 | 212.2 |
PAGE INDUSTRIES LTD | 621.04 | 87.70 | 54,464.6 |
KPR MILL LTD | 808.98 | 44.47 | 35,972.5 |
VEDANT FASHIONS LTD | 402.90 | 75.87 | 30,568.1 |
SWAN ENERGY LTD | 610.38 | 37.47 | 22,869.8 |
WELSPUN LIVING LTD | 697.59 | 21.88 | 15,264.9 |
ALOK INDUSTRIES LTD | -913.83 | -11.79 | 10,774.6 |
VARDHMAN TEXTILES LTD | 751.84 | 20.39 | 15,332.0 |
ARVIND LTD | 305.09 | 34.87 | 10,639.6 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 37.59 | 8,475.4 |
JINDAL WORLDWIDE LTD | 84.60 | 97.55 | 8,253.4 |
Textile Industry Benchmark (Top 10) PE Analysis vs LAGNAM SPINTEX 's P/E Ratio
Top 10 Industry Peers | PE 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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