RELIANCE CHEMOTEX INDUSTRIES
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The Current P/E Ratio of RELIANCE CHEMOTEX INDUSTRIES is 61.89.
Share Price | ₹209.1 | Dec 24,2024 |
Market Cap | ₹156.8 Cr | |
Earnings-TTM | ₹2.5 Cr | TTM-Standalone Results |
Price/Earnings | 61.89x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of RELIANCE CHEMOTEX INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹156.8 Cr] as on Dec 24,2024
(/) Earnings [ ₹2.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 61.89x ]
Thus, for RELIANCE CHEMOTEX INDUSTRIES , the investors are currently willing to pay 61.89 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 RELIANCE CHEMOTEX INDUSTRIES !
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 RELIANCE CHEMOTEX INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of RELIANCE CHEMOTEX INDUSTRIES
PE Ratio Performance Analysis for RELIANCE CHEMOTEX INDUSTRIES
- RELIANCE CHEMOTEX INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.48x.
- RELIANCE CHEMOTEX INDUSTRIES 's operated at median p/e ratio of 9.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RELIANCE CHEMOTEX INDUSTRIES 's p/e ratio peaked in Mar2024 at 46.26x.
- RELIANCE CHEMOTEX INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 3.52x.
How does RELIANCE CHEMOTEX INDUSTRIES '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 |
---|---|---|---|
RELIANCE CHEMOTEX INDUSTRIES | 2.53 | 61.89 | 156.8 |
TRIDENT LTD | 325.53 | 52.30 | 17,025.6 |
FILATEX INDIA LTD | 115.70 | 23.62 | 2,732.8 |
NITIN SPINNERS LTD | 155.20 | 16.46 | 2,554.1 |
NAHAR SPINNING MILLS LTD | -26.40 | -38.04 | 1,004.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -13.04 | 1,118.6 |
AMBIKA COTTON MILLS LTD | 64.71 | 14.62 | 946.1 |
RAJAPALAYAM MILLS LTD | -49.62 | -21.02 | 1,043.0 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 28.78 | 616.3 |
SUPER SALES INDIA LTD | 4.43 | 94.40 | 417.7 |
PRECOT LTD | 40.86 | 17.11 | 699.2 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs RELIANCE CHEMOTEX INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -38.04x |
Max industry PE | 94.40x |
Median industry PE | 17.11x |
Average industry PE | 21.55x |
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