MANOMAY TEX INDIA
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The Current P/E Ratio of MANOMAY TEX INDIA is 22.92.
Share Price | ₹200.0 | Nov 12,2024 |
Market Cap | ₹359.9 Cr | |
Earnings-TTM | ₹15.7 Cr | TTM-Standalone Results |
Price/Earnings | 22.92x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MANOMAY TEX INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MANOMAY TEX INDIA | 15.70 | 22.92 | 359.9 |
RAYMOND LTD | 563.30 | 18.43 | 10,381.8 |
SIYARAM SILK MILLS LTD | 193.15 | 15.90 | 3,071.3 |
VTM LTD | 23.14 | 14.76 | 341.4 |
UNITED POLYFAB GUJARAT LTD | 7.09 | 38.28 | 271.3 |
DIGJAM LTD | -14.14 | -12.24 | 173.0 |
BSL LTD | 11.27 | 21.83 | 245.9 |
AI CHAMPDANY INDUSTRIES LTD | -45.10 | -4.40 | 198.6 |
JASCH INDUSTRIES LTD | 22.51 | 5.58 | 125.6 |
Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs MANOMAY TEX INDIA 's P/E Ratio
Top 10 Industry Peers | PE 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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