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PREMCO GLOBAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of PREMCO GLOBAL is 14.19.

Share Price ₹422.5Jan 14,2025
Market Cap ₹139.4 Cr
Earnings-TTM₹9.8 CrTTM-Consolidated Results
Price/Earnings14.19xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PREMCO GLOBAL

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 PREMCO GLOBAL is calculated as :

Current Market Cap [ ₹139.4 Cr] as on Jan 14,2025

(/) Earnings [ ₹9.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.19x ]

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

Thus, for PREMCO GLOBAL , the investors are currently willing to pay 14.19 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 PREMCO GLOBAL !

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 PREMCO GLOBAL over the last five years.

Historical PE (Price/Earnings) ratio chart of PREMCO GLOBAL


PE Ratio Performance Analysis for PREMCO GLOBAL

- PREMCO GLOBAL 's latest p/e ratio is 14.19x.

- PREMCO GLOBAL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.49x.

- PREMCO GLOBAL 's operated at median p/e ratio of 7.94x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMCO GLOBAL 's p/e ratio peaked in Mar2024 at 12.91x.

- PREMCO GLOBAL 's p/e ratio hit its five-year low in Mar2020 of 3.38x.


How does PREMCO GLOBAL 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PREMCO GLOBAL 9.8214.19139.4
PAGE INDUSTRIES LTD621.0483.2651,707.4
KPR MILL LTD808.9839.6432,069.0
VEDANT FASHIONS LTD402.9070.8828,555.5
SWAN ENERGY LTD610.3832.8620,055.0
WELSPUN LIVING LTD697.5920.2114,099.5
ALOK INDUSTRIES LTD-913.83-10.529,617.7
VARDHMAN TEXTILES LTD751.8417.7213,320.8
ARVIND LTD305.0932.9210,042.7
GARWARE TECHNICAL FIBRES LTD225.4633.647,583.4
JINDAL WORLDWIDE LTD84.6094.477,992.7

Textile Industry Benchmark (Top 10) PE Analysis vs PREMCO GLOBAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -10.52x
Max industry PE 94.47x
Median industry PE 32.92x
Average industry PE 39.02x



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