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PRECOT
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRECOT is 13.07.

Share Price ₹449.8Feb 20,2025
Market Cap ₹539.8 Cr
Earnings-TTM₹41.3 CrTTM-Consolidated Results
Price/Earnings13.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRECOT

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 PRECOT is calculated as :

Current Market Cap [ ₹539.8 Cr] as on Feb 20,2025

(/) Earnings [ ₹41.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.07x ]

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

Thus, for PRECOT , the investors are currently willing to pay 13.07 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 PRECOT !

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 PRECOT over the last five years.

Historical PE (Price/Earnings) ratio chart of PRECOT


PE Ratio Performance Analysis for PRECOT

- PRECOT 's latest p/e ratio is 13.07x.

- PRECOT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.10x.

- PRECOT 's operated at median p/e ratio of 3.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRECOT 's p/e ratio peaked in Mar2024 at 22.95x.

- PRECOT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does PRECOT 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRECOT 41.2913.07539.8
TRIDENT LTD296.3248.5114,375.7
FILATEX INDIA LTD128.0315.391,970.7
NITIN SPINNERS LTD168.2310.991,848.8
NAHAR SPINNING MILLS LTD-10.43-71.33744.2
SUTLEJ TEXTILES AND INDUSTRIES LTD-81.36-8.93726.9
AMBIKA COTTON MILLS LTD65.9712.06795.8
RAJAPALAYAM MILLS LTD-58.10-13.74798.5
NAHAR INDUSTRIAL ENTERPRISES LTD21.5821.28459.3
SUPER SALES INDIA LTD-2.09-124.36260.3
MARAL OVERSEAS LTD-18.09-17.08308.9

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs PRECOT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -124.36x
Max industry PE 48.51x
Median industry PE 10.99x
Average industry PE -10.38x



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