SHIVA TEXYARN
|
The Current P/E Ratio of SHIVA TEXYARN is 185.44.
| Share Price | ₹224.0 | Dec 20,2024 |
| Market Cap | ₹291.1 Cr | |
| Earnings-TTM | ₹1.6 Cr | TTM-Standalone Results |
| Price/Earnings | 185.44x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SHIVA TEXYARN
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)
Current Market Cap [ ₹291.1 Cr] as on Dec 20,2024
(/) Earnings [ ₹1.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 185.44x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SHIVA TEXYARN , the investors are currently willing to pay 185.44 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 SHIVA TEXYARN !
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 SHIVA TEXYARN over the last five years.
Thus, for SHIVA TEXYARN , the investors are currently willing to pay 185.44 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 SHIVA TEXYARN !
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 SHIVA TEXYARN over the last five years.
Historical PE (Price/Earnings) ratio chart of SHIVA TEXYARN
PE Ratio Performance Analysis for SHIVA TEXYARN
- SHIVA TEXYARN 's latest p/e ratio is 185.44x.
- SHIVA TEXYARN 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.08x.
- SHIVA TEXYARN 's operated at median p/e ratio of 13.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHIVA TEXYARN 's p/e ratio peaked in Mar2020 at 67.29x.
- SHIVA TEXYARN 's p/e ratio hit its five-year low in Mar2024 of 0x.
- SHIVA TEXYARN 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.08x.
- SHIVA TEXYARN 's operated at median p/e ratio of 13.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHIVA TEXYARN 's p/e ratio peaked in Mar2020 at 67.29x.
- SHIVA TEXYARN 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does SHIVA TEXYARN '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 |
|---|---|---|---|
| SHIVA TEXYARN | 1.57 | 185.44 | 291.1 |
| TRIDENT LTD | 325.53 | 53.60 | 17,448.6 |
| FILATEX INDIA LTD | 115.70 | 24.51 | 2,836.2 |
| NITIN SPINNERS LTD | 155.20 | 16.61 | 2,577.7 |
| NAHAR SPINNING MILLS LTD | -26.40 | -39.88 | 1,052.8 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -13.24 | 1,136.0 |
| AMBIKA COTTON MILLS LTD | 64.71 | 14.51 | 938.9 |
| RAJAPALAYAM MILLS LTD | -49.62 | -19.55 | 970.1 |
| NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 29.09 | 623.0 |
| SUPER SALES INDIA LTD | 4.43 | 94.31 | 417.3 |
| PRECOT LTD | 40.86 | 17.97 | 734.1 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs SHIVA TEXYARN 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -39.88x |
| Max industry PE | 185.44x |
| Median industry PE | 17.97x |
| Average industry PE | 33.03x |
You may also like the below Video Courses
