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TCNS CLOTHING CO
PE (Price/Earnings) Ratio

The Current P/E Ratio of TCNS CLOTHING CO is -11.87.

Share Price ₹583.9Sep 02,2024
Market Cap ₹3,696.1 Cr
Earnings-TTM₹-311.3 CrTTM-Standalone Results
Price/Earnings-11.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TCNS CLOTHING CO

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 TCNS CLOTHING CO is calculated as :

Current Market Cap [ ₹3,696.1 Cr] as on Sep 02,2024

(/) Earnings [ ₹-311.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -11.87x ]

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

Thus, for TCNS CLOTHING CO , the investors are currently willing to pay -11.87 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 TCNS CLOTHING CO !

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 TCNS CLOTHING CO over the last five years.

Historical PE (Price/Earnings) ratio chart of TCNS CLOTHING CO


PE Ratio Performance Analysis for TCNS CLOTHING CO

- TCNS CLOTHING CO 's latest p/e ratio is -11.87x.

- TCNS CLOTHING CO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.66x.

- TCNS CLOTHING CO 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TCNS CLOTHING CO 's p/e ratio peaked in Mar2019 at 38.19x.

- TCNS CLOTHING CO 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does TCNS CLOTHING CO 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TCNS CLOTHING CO -311.31-11.873,696.1
PAGE INDUSTRIES LTD621.0487.7054,464.3
KPR MILL LTD808.9848.5439,271.0
VEDANT FASHIONS LTD402.9078.2331,520.4
SWAN ENERGY LTD610.3838.0123,198.9
WELSPUN LIVING LTD697.5922.4315,643.8
ALOK INDUSTRIES LTD-913.83-11.5110,521.3
VARDHMAN TEXTILES LTD751.8420.1915,180.2
ARVIND LTD305.0935.4810,825.4
GARWARE TECHNICAL FIBRES LTD225.4638.028,572.6
JINDAL WORLDWIDE LTD84.6093.547,913.5

Textile Industry Benchmark (Top 10) PE Analysis vs TCNS CLOTHING CO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -11.87x
Max industry PE 93.54x
Median industry PE 38.01x
Average industry PE 39.89x



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