LAKSHMI MILLS COMPANY
|
The Current P/E Ratio of LAKSHMI MILLS COMPANY is -107.13.
Share Price | ₹7,145.5 | Jan 02,2025 |
Market Cap | ₹500.2 Cr | |
Earnings-TTM | ₹-4.7 Cr | TTM-Standalone Results |
Price/Earnings | -107.13x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LAKSHMI MILLS COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹500.2 Cr] as on Jan 02,2025
(/) Earnings [ ₹-4.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -107.13x ]
Thus, for LAKSHMI MILLS COMPANY , the investors are currently willing to pay -107.13 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 LAKSHMI MILLS COMPANY !
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 LAKSHMI MILLS COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of LAKSHMI MILLS COMPANY
PE Ratio Performance Analysis for LAKSHMI MILLS COMPANY
- LAKSHMI MILLS COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.05x.
- LAKSHMI MILLS COMPANY 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAKSHMI MILLS COMPANY 's p/e ratio peaked in Mar2021 at 43.86x.
- LAKSHMI MILLS COMPANY 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does LAKSHMI MILLS COMPANY 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
LAKSHMI MILLS COMPANY | -4.67 | -107.13 | 500.2 |
PAGE INDUSTRIES LTD | 621.04 | 86.56 | 53,754.5 |
KPR MILL LTD | 808.98 | 42.92 | 34,721.5 |
VEDANT FASHIONS LTD | 402.90 | 76.27 | 30,729.7 |
SWAN ENERGY LTD | 610.38 | 38.13 | 23,274.2 |
WELSPUN LIVING LTD | 697.59 | 22.51 | 15,701.3 |
ALOK INDUSTRIES LTD | -913.83 | -11.51 | 10,516.4 |
VARDHMAN TEXTILES LTD | 751.84 | 19.76 | 14,853.5 |
ARVIND LTD | 305.09 | 35.78 | 10,915.7 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 40.91 | 9,223.5 |
JINDAL WORLDWIDE LTD | 84.60 | 102.76 | 8,693.6 |
Textile Industry Benchmark (Top 10) PE Analysis vs LAKSHMI MILLS COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -107.13x |
Max industry PE | 102.76x |
Median industry PE | 38.13x |
Average industry PE | 31.54x |
You may also like the below Video Courses