SHIVA TEXYARN
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The Current P/E Ratio of SHIVA TEXYARN is 194.38.
Share Price | ₹234.8 | Jan 03,2025 |
Market Cap | ₹305.2 Cr | |
Earnings-TTM | ₹1.6 Cr | TTM-Standalone Results |
Price/Earnings | 194.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHIVA TEXYARN
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹305.2 Cr] as on Jan 03,2025
(/) Earnings [ ₹1.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 194.38x ]
Thus, for SHIVA TEXYARN , the investors are currently willing to pay 194.38 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 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 | 194.38 | 305.2 |
TRIDENT LTD | 325.53 | 53.40 | 17,382.3 |
FILATEX INDIA LTD | 115.70 | 23.85 | 2,759.9 |
NITIN SPINNERS LTD | 155.20 | 15.65 | 2,428.1 |
NAHAR SPINNING MILLS LTD | -26.40 | -36.49 | 963.3 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -12.67 | 1,087.2 |
AMBIKA COTTON MILLS LTD | 64.71 | 15.12 | 978.2 |
RAJAPALAYAM MILLS LTD | -49.62 | -20.85 | 1,034.6 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 28.92 | 619.4 |
SUPER SALES INDIA LTD | 4.43 | 93.11 | 412.0 |
PRECOT LTD | 40.86 | 17.99 | 735.2 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs SHIVA TEXYARN 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -36.49x |
Max industry PE | 194.38x |
Median industry PE | 17.99x |
Average industry PE | 33.85x |
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