LAGNAM SPINTEX
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The Current P/E Ratio of LAGNAM SPINTEX is 15.10.
Share Price | ₹118.4 | Jan 29,2025 |
Market Cap | ₹209.5 Cr | |
Earnings-TTM | ₹13.9 Cr | TTM-Standalone Results |
Price/Earnings | 15.10x | 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 [ ₹209.5 Cr] as on Jan 29,2025
(/) Earnings [ ₹13.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.10x ]
Thus, for LAGNAM SPINTEX , the investors are currently willing to pay 15.10 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 | 15.10 | 209.5 |
PAGE INDUSTRIES LTD | 621.04 | 80.98 | 50,291.8 |
KPR MILL LTD | 808.98 | 39.32 | 31,810.9 |
VEDANT FASHIONS LTD | 402.90 | 66.86 | 26,938.9 |
SWAN ENERGY LTD | 610.38 | 28.55 | 17,426.6 |
WELSPUN LIVING LTD | 697.59 | 20.52 | 14,315.3 |
ALOK INDUSTRIES LTD | -956.91 | -9.55 | 9,141.0 |
VARDHMAN TEXTILES LTD | 801.89 | 16.50 | 13,229.8 |
ARVIND LTD | 317.25 | 27.86 | 8,837.3 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 35.40 | 7,980.5 |
JINDAL WORLDWIDE LTD | 84.60 | 96.90 | 8,198.3 |
Textile Industry Benchmark (Top 10) PE Analysis vs LAGNAM SPINTEX 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.55x |
Max industry PE | 96.90x |
Median industry PE | 28.55x |
Average industry PE | 38.04x |
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