SURYALAKSHMI COTTON MILLS
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The Current P/E Ratio of SURYALAKSHMI COTTON MILLS is 53.23.
Share Price | ₹83.3 | Nov 05,2024 |
Market Cap | ₹156.5 Cr | |
Earnings-TTM | ₹2.9 Cr | TTM-Standalone Results |
Price/Earnings | 53.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SURYALAKSHMI COTTON MILLS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹156.5 Cr] as on Nov 05,2024
(/) Earnings [ ₹2.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 53.23x ]
Thus, for SURYALAKSHMI COTTON MILLS , the investors are currently willing to pay 53.23 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 SURYALAKSHMI COTTON 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 SURYALAKSHMI COTTON MILLS over the last five years.
Historical PE (Price/Earnings) ratio chart of SURYALAKSHMI COTTON MILLS
PE Ratio Performance Analysis for SURYALAKSHMI COTTON MILLS
- SURYALAKSHMI COTTON MILLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.02x.
- SURYALAKSHMI COTTON MILLS 's operated at median p/e ratio of 4.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURYALAKSHMI COTTON MILLS 's p/e ratio peaked in Mar2024 at 33.95x.
- SURYALAKSHMI COTTON MILLS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does SURYALAKSHMI COTTON MILLS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SURYALAKSHMI COTTON MILLS | 2.94 | 53.23 | 156.5 |
PAGE INDUSTRIES LTD | 576.06 | 83.96 | 48,368.3 |
KPR MILL LTD | 805.82 | 38.22 | 30,795.7 |
VEDANT FASHIONS LTD | 402.90 | 83.58 | 33,673.8 |
SWAN ENERGY LTD | 708.82 | 21.92 | 15,536.5 |
WELSPUN LIVING LTD | 697.59 | 21.26 | 14,828.5 |
ALOK INDUSTRIES LTD | -913.83 | -12.14 | 11,097.3 |
VARDHMAN TEXTILES LTD | 751.84 | 18.30 | 13,760.4 |
ARVIND LTD | 305.09 | 31.55 | 9,626.5 |
GARWARE TECHNICAL FIBRES LTD | 211.98 | 37.62 | 7,974.8 |
JINDAL WORLDWIDE LTD | 80.03 | 75.43 | 6,036.7 |
Textile Industry Benchmark (Top 10) PE Analysis vs SURYALAKSHMI COTTON MILLS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.14x |
Max industry PE | 83.96x |
Median industry PE | 37.62x |
Average industry PE | 41.18x |
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