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SHRI DINESH MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHRI DINESH MILLS is 5.18.

Share Price ₹399.4Nov 19,2024
Market Cap ₹223.7 Cr
Earnings-TTM₹43.2 CrTTM-Consolidated Results
Price/Earnings5.18xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHRI DINESH MILLS

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 SHRI DINESH MILLS is calculated as :

Current Market Cap [ ₹223.7 Cr] as on Nov 19,2024

(/) Earnings [ ₹43.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 5.18x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for SHRI DINESH MILLS , the investors are currently willing to pay 5.18 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 SHRI DINESH MILLS !

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 SHRI DINESH MILLS over the last five years.

Historical PE (Price/Earnings) ratio chart of SHRI DINESH MILLS


PE Ratio Performance Analysis for SHRI DINESH MILLS

- SHRI DINESH MILLS 's latest p/e ratio is 5.18x.

- SHRI DINESH MILLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.96x.

- SHRI DINESH MILLS 's operated at median p/e ratio of 13.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHRI DINESH MILLS 's p/e ratio peaked in Mar2020 at 43.48x.

- SHRI DINESH MILLS 's p/e ratio hit its five-year low in Mar2024 of 5.3x.


How does SHRI DINESH MILLS 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHRI DINESH MILLS 43.205.18223.7
PAGE INDUSTRIES LTD621.0479.8349,577.2
KPR MILL LTD808.9839.4131,879.3
VEDANT FASHIONS LTD402.9082.5733,265.7
SWAN ENERGY LTD610.3827.6216,857.7
WELSPUN LIVING LTD697.5920.4214,248.2
ALOK INDUSTRIES LTD-913.83-10.909,965.2
VARDHMAN TEXTILES LTD751.8417.2512,972.4
ARVIND LTD305.0930.289,237.8
GARWARE TECHNICAL FIBRES LTD225.4640.439,116.3
JINDAL WORLDWIDE LTD84.6074.666,316.4

Textile Industry Benchmark (Top 10) PE Analysis vs SHRI DINESH MILLS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -10.90x
Max industry PE 82.57x
Median industry PE 30.28x
Average industry PE 36.98x



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