VIP CLOTHING
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The Current P/E Ratio of VIP CLOTHING is -47.61.
Share Price | ₹45.7 | Dec 20,2024 |
Market Cap | ₹463.6 Cr | |
Earnings-TTM | ₹-9.7 Cr | TTM-Standalone Results |
Price/Earnings | -47.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIP CLOTHING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹463.6 Cr] as on Dec 20,2024
(/) Earnings [ ₹-9.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -47.61x ]
Thus, for VIP CLOTHING , the investors are currently willing to pay -47.61 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 VIP CLOTHING !
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 VIP CLOTHING over the last five years.
Historical PE (Price/Earnings) ratio chart of VIP CLOTHING
PE Ratio Performance Analysis for VIP CLOTHING
- VIP CLOTHING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.00x.
- VIP CLOTHING '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, VIP CLOTHING 's p/e ratio peaked in Mar2023 at 50.02x.
- VIP CLOTHING 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does VIP CLOTHING 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VIP CLOTHING | -9.74 | -47.61 | 463.6 |
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 VIP CLOTHING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -47.61x |
Max industry PE | 93.54x |
Median industry PE | 38.01x |
Average industry PE | 36.64x |
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