VARDHMAN ACRYLICS
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The Current P/E Ratio of VARDHMAN ACRYLICS is 26.08.
Share Price | ₹54.5 | Nov 29,2024 |
Market Cap | ₹437.9 Cr | |
Earnings-TTM | ₹16.8 Cr | TTM-Standalone Results |
Price/Earnings | 26.08x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VARDHMAN ACRYLICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
VARDHMAN ACRYLICS | 16.79 | 26.08 | 437.9 |
GANESHA ECOSPHERE LTD | 83.99 | 72.39 | 6,079.6 |
INDO RAMA SYNTHETICS (INDIA) LTD | -202.75 | -5.30 | 1,074.7 |
BANSWARA SYNTEX LTD | 21.27 | 21.63 | 460.1 |
SARLA PERFORMANCE FIBERS LTD | 55.89 | 15.64 | 874.3 |
PASUPATI ACRYLON LTD | 35.58 | 10.25 | 364.8 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs VARDHMAN ACRYLICS 's P/E Ratio
Top 10 Industry Peers | PE 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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