MODERN THREADS (INDIA)
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The Current P/E Ratio of MODERN THREADS (INDIA) is 12.38.
Share Price | ₹44.0 | Feb 07,2025 |
Market Cap | ₹153.1 Cr | |
Earnings-TTM | ₹12.4 Cr | TTM-Standalone Results |
Price/Earnings | 12.38x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of MODERN THREADS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹153.1 Cr] as on Feb 07,2025
(/) Earnings [ ₹12.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 12.38x ]
Thus, for MODERN THREADS (INDIA) , the investors are currently willing to pay 12.38 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 MODERN THREADS (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 MODERN THREADS (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of MODERN THREADS (INDIA)
PE Ratio Performance Analysis for MODERN THREADS (INDIA)
- MODERN THREADS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.71x.
- MODERN THREADS (INDIA) '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, MODERN THREADS (INDIA) 's p/e ratio peaked in Mar2024 at 8.55x.
- MODERN THREADS (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does MODERN THREADS (INDIA) 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MODERN THREADS (INDIA) | 12.37 | 12.38 | 153.1 |
TRIDENT LTD | 296.32 | 52.25 | 15,481.5 |
FILATEX INDIA LTD | 128.03 | 16.45 | 2,106.5 |
NITIN SPINNERS LTD | 168.23 | 13.02 | 2,190.1 |
NAHAR SPINNING MILLS LTD | -10.43 | -76.56 | 798.9 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -81.36 | -10.55 | 858.0 |
AMBIKA COTTON MILLS LTD | 64.71 | 13.27 | 858.8 |
RAJAPALAYAM MILLS LTD | -58.10 | -14.95 | 868.7 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 24.44 | 523.4 |
SUPER SALES INDIA LTD | -2.09 | -144.84 | 303.2 |
PRECOT LTD | 40.86 | 13.80 | 564.0 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs MODERN THREADS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -144.84x |
Max industry PE | 52.25x |
Median industry PE | 13.02x |
Average industry PE | -9.21x |
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