VARDHMAN POLYTEX
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The Current P/E Ratio of VARDHMAN POLYTEX is -151.38.
| Share Price | ₹13.4 | Dec 20,2024 |
| Market Cap | ₹586.0 Cr | |
| Earnings-TTM | ₹-3.9 Cr | TTM-Standalone Results |
| Price/Earnings | -151.38x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of VARDHMAN POLYTEX
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)
Current Market Cap [ ₹586.0 Cr] as on Dec 20,2024
(/) Earnings [ ₹-3.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -151.38x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for VARDHMAN POLYTEX , the investors are currently willing to pay -151.38 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 POLYTEX !
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 POLYTEX over the last five years.
Thus, for VARDHMAN POLYTEX , the investors are currently willing to pay -151.38 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 POLYTEX !
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 POLYTEX over the last five years.
Historical PE (Price/Earnings) ratio chart of VARDHMAN POLYTEX
PE Ratio Performance Analysis for VARDHMAN POLYTEX
- VARDHMAN POLYTEX 's latest p/e ratio is -151.38x.
- VARDHMAN POLYTEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.64x.
- VARDHMAN POLYTEX '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, VARDHMAN POLYTEX 's p/e ratio peaked in Mar2023 at 3.18x.
- VARDHMAN POLYTEX 's p/e ratio hit its five-year low in Mar2024 of 0x.
- VARDHMAN POLYTEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.64x.
- VARDHMAN POLYTEX '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, VARDHMAN POLYTEX 's p/e ratio peaked in Mar2023 at 3.18x.
- VARDHMAN POLYTEX 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does VARDHMAN POLYTEX 's P/E Ratio benchmark against top 10 peers in Textile Industry?
| Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| VARDHMAN POLYTEX | -3.87 | -151.38 | 586.0 |
| PAGE INDUSTRIES LTD | 621.04 | 87.70 | 54,464.3 |
| KPR MILL LTD | 808.98 | 48.54 | 39,271.0 |
| VEDANT FASHIONS LTD | 402.90 | 78.23 | 31,520.4 |
| SWAN ENERGY LTD | 610.38 | 38.01 | 23,198.9 |
| WELSPUN LIVING LTD | 697.59 | 22.43 | 15,643.8 |
| ALOK INDUSTRIES LTD | -913.83 | -11.51 | 10,521.3 |
| VARDHMAN TEXTILES LTD | 751.84 | 20.19 | 15,180.2 |
| ARVIND LTD | 305.09 | 35.48 | 10,825.4 |
| GARWARE TECHNICAL FIBRES LTD | 225.46 | 38.02 | 8,572.6 |
| JINDAL WORLDWIDE LTD | 84.60 | 93.54 | 7,913.5 |
Textile Industry Benchmark (Top 10) PE Analysis vs VARDHMAN POLYTEX 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -151.38x |
| Max industry PE | 93.54x |
| Median industry PE | 38.01x |
| Average industry PE | 27.20x |
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