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MANOMAY TEX INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANOMAY TEX INDIA is 22.92.

Share Price ₹200.0Nov 12,2024
Market Cap ₹359.9 Cr
Earnings-TTM₹15.7 CrTTM-Standalone Results
Price/Earnings22.92xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANOMAY TEX INDIA

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 MANOMAY TEX INDIA is calculated as :

Current Market Cap [ ₹359.9 Cr] as on Nov 12,2024

(/) Earnings [ ₹15.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.92x ]

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

Thus, for MANOMAY TEX INDIA , the investors are currently willing to pay 22.92 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 MANOMAY TEX INDIA !

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 MANOMAY TEX INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of MANOMAY TEX INDIA


PE Ratio Performance Analysis for MANOMAY TEX INDIA

- MANOMAY TEX INDIA 's latest p/e ratio is 22.92x.

- MANOMAY TEX INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.41x.

- MANOMAY TEX INDIA 's operated at median p/e ratio of 16.45x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANOMAY TEX INDIA 's p/e ratio peaked in Mar2024 at 23.72x.

- MANOMAY TEX INDIA 's p/e ratio hit its five-year low in Mar2020 of 6.91x.


How does MANOMAY TEX INDIA 's P/E Ratio benchmark against top 10 peers in Textile - Weaving Industry?

Peer Comparison (Textile - Weaving Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MANOMAY TEX INDIA 15.7022.92359.9
RAYMOND LTD563.3018.4310,381.8
SIYARAM SILK MILLS LTD193.1515.903,071.3
VTM LTD23.1414.76341.4
UNITED POLYFAB GUJARAT LTD7.0938.28271.3
DIGJAM LTD-14.14-12.24173.0
BSL LTD11.2721.83245.9
AI CHAMPDANY INDUSTRIES LTD-45.10-4.40198.6
JASCH INDUSTRIES LTD22.515.58125.6

Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs MANOMAY TEX INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.24x
Max industry PE 38.28x
Median industry PE 15.90x
Average industry PE 13.45x



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