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R&B DENIMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of R&B DENIMS is 31.70.

Share Price ₹81.2Nov 22,2024
Market Cap ₹730.7 Cr
Earnings-TTM₹23.1 CrTTM-Consolidated Results
Price/Earnings31.70xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of R&B DENIMS

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 R&B DENIMS is calculated as :

Current Market Cap [ ₹730.7 Cr] as on Nov 22,2024

(/) Earnings [ ₹23.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.70x ]

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

Thus, for R&B DENIMS , the investors are currently willing to pay 31.70 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 R&B DENIMS !

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 R&B DENIMS over the last five years.

Historical PE (Price/Earnings) ratio chart of R&B DENIMS


PE Ratio Performance Analysis for R&B DENIMS

- R&B DENIMS 's latest p/e ratio is 31.70x.

- R&B DENIMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.74x.

- R&B DENIMS 's operated at median p/e ratio of 7.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, R&B DENIMS 's p/e ratio peaked in Mar2024 at 29.18x.

- R&B DENIMS 's p/e ratio hit its five-year low in Mar2021 of 1.39x.


How does R&B DENIMS 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
R&B DENIMS 23.0531.70730.7
PAGE INDUSTRIES LTD621.0480.6950,111.2
KPR MILL LTD808.9838.9531,511.8
VEDANT FASHIONS LTD402.9083.8133,767.3
SWAN ENERGY LTD610.3830.1718,414.0
WELSPUN LIVING LTD697.5920.4914,291.4
ALOK INDUSTRIES LTD-913.83-11.0310,079.4
VARDHMAN TEXTILES LTD751.8416.9112,712.1
ARVIND LTD305.0931.169,506.1
GARWARE TECHNICAL FIBRES LTD225.4640.509,131.4
JINDAL WORLDWIDE LTD84.6076.466,468.8

Textile Industry Benchmark (Top 10) PE Analysis vs R&B DENIMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -11.03x
Max industry PE 83.81x
Median industry PE 31.70x
Average industry PE 39.98x



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