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SURYALAKSHMI COTTON MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SURYALAKSHMI COTTON MILLS is 53.23.

Share Price ₹83.3Nov 05,2024
Market Cap ₹156.5 Cr
Earnings-TTM₹2.9 CrTTM-Standalone Results
Price/Earnings53.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SURYALAKSHMI COTTON 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 SURYALAKSHMI COTTON MILLS is calculated as :

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 ]

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

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 latest p/e ratio is 53.23x.

- 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 RatioMarket Cap
SURYALAKSHMI COTTON MILLS 2.9453.23156.5
PAGE INDUSTRIES LTD576.0683.9648,368.3
KPR MILL LTD805.8238.2230,795.7
VEDANT FASHIONS LTD402.9083.5833,673.8
SWAN ENERGY LTD708.8221.9215,536.5
WELSPUN LIVING LTD697.5921.2614,828.5
ALOK INDUSTRIES LTD-913.83-12.1411,097.3
VARDHMAN TEXTILES LTD751.8418.3013,760.4
ARVIND LTD305.0931.559,626.5
GARWARE TECHNICAL FIBRES LTD211.9837.627,974.8
JINDAL WORLDWIDE LTD80.0375.436,036.7

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

Top 10 Industry PeersPE 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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