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VARDHMAN ACRYLICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of VARDHMAN ACRYLICS is 26.08.

Share Price ₹54.5Nov 29,2024
Market Cap ₹437.9 Cr
Earnings-TTM₹16.8 CrTTM-Standalone Results
Price/Earnings26.08xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VARDHMAN ACRYLICS

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 VARDHMAN ACRYLICS is calculated as :

Current Market Cap [ ₹437.9 Cr] as on Nov 29,2024

(/) Earnings [ ₹16.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 26.08x ]

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

Thus, for VARDHMAN ACRYLICS , the investors are currently willing to pay 26.08 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 VARDHMAN ACRYLICS !

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 VARDHMAN ACRYLICS over the last five years.

Historical PE (Price/Earnings) ratio chart of VARDHMAN ACRYLICS


PE Ratio Performance Analysis for VARDHMAN ACRYLICS

- VARDHMAN ACRYLICS 's latest p/e ratio is 26.08x.

- VARDHMAN ACRYLICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.04x.

- VARDHMAN ACRYLICS 's operated at median p/e ratio of 10.64x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VARDHMAN ACRYLICS 's p/e ratio peaked in Mar2022 at 29.67x.

- VARDHMAN ACRYLICS 's p/e ratio hit its five-year low in Mar2020 of 4.65x.


How does VARDHMAN ACRYLICS 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VARDHMAN ACRYLICS 16.7926.08437.9
GANESHA ECOSPHERE LTD83.9972.396,079.6
INDO RAMA SYNTHETICS (INDIA) LTD-202.75-5.301,074.7
BANSWARA SYNTEX LTD21.2721.63460.1
SARLA PERFORMANCE FIBERS LTD55.8915.64874.3
PASUPATI ACRYLON LTD35.5810.25364.8

Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs VARDHMAN ACRYLICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -5.30x
Max industry PE 72.39x
Median industry PE 21.63x
Average industry PE 23.45x



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