SIYARAM SILK MILLS
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The Current P/E Ratio of SIYARAM SILK MILLS is 15.73.
| Share Price | ₹669.4 | Nov 21,2024 |
| Market Cap | ₹3,039.1 Cr | |
| Earnings-TTM | ₹193.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.73x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SIYARAM SILK 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)
Current Market Cap [ ₹3,039.1 Cr] as on Nov 21,2024
(/) Earnings [ ₹193.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.73x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SIYARAM SILK MILLS , the investors are currently willing to pay 15.73 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 SIYARAM SILK 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 SIYARAM SILK MILLS over the last five years.
Thus, for SIYARAM SILK MILLS , the investors are currently willing to pay 15.73 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 SIYARAM SILK 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 SIYARAM SILK MILLS over the last five years.
Historical PE (Price/Earnings) ratio chart of SIYARAM SILK MILLS
PE Ratio Performance Analysis for SIYARAM SILK MILLS
- SIYARAM SILK MILLS 's latest p/e ratio is 15.73x.
- SIYARAM SILK MILLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 41.08x.
- SIYARAM SILK MILLS 's operated at median p/e ratio of 9.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SIYARAM SILK MILLS 's p/e ratio peaked in Mar2021 at 168.35x.
- SIYARAM SILK MILLS 's p/e ratio hit its five-year low in Mar2023 of 7.79x.
- SIYARAM SILK MILLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 41.08x.
- SIYARAM SILK MILLS 's operated at median p/e ratio of 9.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SIYARAM SILK MILLS 's p/e ratio peaked in Mar2021 at 168.35x.
- SIYARAM SILK MILLS 's p/e ratio hit its five-year low in Mar2023 of 7.79x.
How does SIYARAM SILK MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Weaving Industry?
| Peer Comparison (Textile - Weaving Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SIYARAM SILK MILLS | 193.15 | 15.73 | 3,039.1 |
| RAYMOND LTD | 563.30 | 16.86 | 9,496.7 |
| MANOMAY TEX INDIA LTD | 15.70 | 21.97 | 345.0 |
| VTM LTD | 23.14 | 14.92 | 345.2 |
| UNITED POLYFAB GUJARAT LTD | 10.41 | 28.52 | 296.9 |
| DIGJAM LTD | -21.25 | -7.55 | 160.4 |
| BSL LTD | 11.27 | 20.33 | 229.1 |
| AI CHAMPDANY INDUSTRIES LTD | -45.10 | -3.50 | 157.8 |
| JASCH INDUSTRIES LTD | 22.51 | 5.44 | 122.4 |
Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs SIYARAM SILK MILLS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -7.55x |
| Max industry PE | 28.52x |
| Median industry PE | 15.73x |
| Average industry PE | 12.52x |
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