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SHIVA TEXYARN
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHIVA TEXYARN is 194.38.

Share Price ₹234.8Jan 03,2025
Market Cap ₹305.2 Cr
Earnings-TTM₹1.6 CrTTM-Standalone Results
Price/Earnings194.38xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of SHIVA TEXYARN is calculated as :

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 ]

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 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 latest p/e ratio is 194.38x.

- 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 RatioMarket Cap
SHIVA TEXYARN 1.57194.38305.2
TRIDENT LTD325.5353.4017,382.3
FILATEX INDIA LTD115.7023.852,759.9
NITIN SPINNERS LTD155.2015.652,428.1
NAHAR SPINNING MILLS LTD-26.40-36.49963.3
SUTLEJ TEXTILES AND INDUSTRIES LTD-85.78-12.671,087.2
AMBIKA COTTON MILLS LTD64.7115.12978.2
RAJAPALAYAM MILLS LTD-49.62-20.851,034.6
NAHAR INDUSTRIAL ENTERPRISES LTD21.4228.92619.4
SUPER SALES INDIA LTD4.4393.11412.0
PRECOT LTD40.8617.99735.2

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs SHIVA TEXYARN 's P/E Ratio

Top 10 Industry PeersPE 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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