SALONA COTSPIN
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The Current P/E Ratio of SALONA COTSPIN is 21.40.
Share Price | ₹275.0 | Jan 14,2025 |
Market Cap | ₹145.8 Cr | |
Earnings-TTM | ₹6.8 Cr | TTM-Standalone Results |
Price/Earnings | 21.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SALONA COTSPIN
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹145.8 Cr] as on Jan 14,2025
(/) Earnings [ ₹6.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.40x ]
Thus, for SALONA COTSPIN , the investors are currently willing to pay 21.40 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 SALONA COTSPIN !
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 SALONA COTSPIN over the last five years.
Historical PE (Price/Earnings) ratio chart of SALONA COTSPIN
PE Ratio Performance Analysis for SALONA COTSPIN
- SALONA COTSPIN 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.01x.
- SALONA COTSPIN 's operated at median p/e ratio of 7.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SALONA COTSPIN 's p/e ratio peaked in Mar2019 at 17.77x.
- SALONA COTSPIN 's p/e ratio hit its five-year low in Mar2022 of 5.89x.
How does SALONA COTSPIN '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 |
---|---|---|---|
SALONA COTSPIN | 6.81 | 21.40 | 145.8 |
TRIDENT LTD | 325.53 | 48.83 | 15,894.3 |
FILATEX INDIA LTD | 115.70 | 20.45 | 2,366.2 |
NITIN SPINNERS LTD | 155.20 | 14.49 | 2,248.5 |
NAHAR SPINNING MILLS LTD | -26.40 | -32.32 | 853.1 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -10.96 | 939.7 |
AMBIKA COTTON MILLS LTD | 64.71 | 13.46 | 870.9 |
RAJAPALAYAM MILLS LTD | -49.62 | -19.47 | 966.2 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 26.06 | 558.2 |
SUPER SALES INDIA LTD | 4.43 | 76.42 | 338.2 |
PRECOT LTD | 40.86 | 17.59 | 718.7 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs SALONA COTSPIN 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -32.32x |
Max industry PE | 76.42x |
Median industry PE | 17.59x |
Average industry PE | 16.00x |
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