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Acknit Industries Ltd PE Ratio
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Acknit Industries Ltd
NSE: ACKNITINDUS
PE
Key Highlights
- The P/E Ratio of Acknit Industries Ltd is 8.6 as of 13 Feb 12:06 PM .
- The P/E Ratio of Acknit Industries Ltd changed from 3 on March 2020 to 7.9 on March 2024 . This represents a CAGR of 21.37% over 5 years.
- The Latest Trading Price of Acknit Industries Ltd is ₹ 255 as of 13 Feb 11:54 .
- The PE Ratio of Textiles Industry has changed from 9.9 to 36.9 in 5 years. This represents a CAGR of 30.10%.
- The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.
Historical P/E Ratio of Acknit Industries Ltd
The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.
Historical P/E Ratio of Acknit Industries Ltd
Company Fundamentals for Acknit Industries Ltd
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Acknit Industries Ltd
NSE: ACKNITINDUS
Share Price
Market Price of Acknit Industries Ltd
1M
1Y
3Y
5Y
Last Ten Days Market Price
Date | |
---|---|
12 Feb 2025 | 259.7 |
11 Feb 2025 | 260 |
10 Feb 2025 | 263.4 |
07 Feb 2025 | 263.25 |
06 Feb 2025 | 271.05 |
05 Feb 2025 | 270 |
04 Feb 2025 | 272.95 |
03 Feb 2025 | 268.45 |
01 Feb 2025 | 263.55 |
31 Jan 2025 | 259.4 |
SWOT Analysis Of Acknit Industries Ltd
BlinkX Score for Acknit Industries Ltd
Asset Value vs Market Value of Acknit Industries Ltd
Market Value
₹ 0
Asset Value
₹ 0
* All values are in ₹ crores
Competitive Comparison of P/E Ratio
Company | Market Cap | PE Ratio |
---|
Acknit Industries Ltd | 78.95 | 8.64 |
Grasim Industries Ltd | 163798 | 38.2 |
Trident Ltd | 14565 | 49.3 |
Vardhman Textiles Ltd | 12651 | 14.9 |
Welspun Living Ltd | 12172 | 18.6 |
Arvind Ltd | 8757 | 29.0 |
Company | |
---|---|
Acknit Industries Ltd | 78.95 |
Grasim Industries Ltd | 163798 |
Trident Ltd | 14565 |
Vardhman Textiles Ltd | 12651 |
Welspun Living Ltd | 12172 |
Arvind Ltd | 8757 |
PE Ratio of Acknit Industries Ltd Explained
₹78.95
Market cap
₹8
Earnings
8.6X
PE Ratio
The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.
P/E Ratio Formula
P/E ratio = (CMP of share/ Earning per share)
Types of Price to Earning Ratio
1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.
PE Ratio of Textiles Industry over time
PE Ratio of Top Sectors
Historical Market Cap of Acknit Industries Ltd
Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore
Historical Market Cap of Acknit Industries Ltd
Historical Revenue, EBITDA and Net Profit of Acknit Industries Ltd
Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services.\r\r\n\r\r\nTypes of Revenue:\r\r\n\r\r\n1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered.\r\r\n\r\r\n2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees.\r\r\n\r\r\nFormula for Revenue:\r\r\n\r\r\nThe formula for calculating revenue is based on two goods & services:\r\r\n\r\r\nFor goods:\r\r\nRevenue = Avg unit price x Number of Units sold\r\r\n\r\r\nFor services:\r\r\nRevenue = Avg unit price x Number of Customers served.PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions.\r\r\n\r\r\nNet Profit formula is expressed as:\r\r\n\r\r\nNet Profit = Total Revenue - Total Expense\r\r\n\r\r\nNet Profit Margin Ratio:\r\r\n\r\r\nNet Profit Margin Ratio = Net Profit / Total Revenue
Historical Revenue, EBITDA and Net Profit of Acknit Industries Ltd
Revenue
EBITDA
Net Profit
Historical Dividend Payout of Acknit Industries Ltd
Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.
Historical Dividend Payout of Acknit Industries Ltd
About Acknit Industries Ltd
- Acknit Industries Limited formerly known as Acknit Knitting Limited, incorporated in 1990, is an ISO 9001 - 2008 Public Limited Company, In a span of twenty of twenty three years of operations, the Company has been engaged in the manufacturing and exporting of seamless hand gloves.
- Acknit has diversified its product range into divisions, namely seamless gloves division, leather division and other leather products division and industrial garments division. Gloves Division produce all types of seamless gloves made of different yarn of cotton, poly/cotton, polyamide, kevlar, dyneema.
- Leather division produces all types of leather gloves, jacket, apron, leg guard made from split, chrome, heat resistance and water repellant leather.
- Industrial garment produces all types of industrial garments made from 100% cotton fabric, poly/cotton, polyester and fabrics.
Acknit Industries Ltd News Hub
Acknit Industries to conduct AGM
Acknit Industries announced that the 34th Annual General Meeting (AGM) of the company will be held o
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21 Aug 24
Acknit Industries standalone net profit rises 26.92% in the June 2024 quarter
Net profit of Acknit Industries rose 26.92% to Rs 1.98 crore in the quarter ended June 2024 as again
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10 Aug 24
Acknit Industries to announce Quarterly Result
Acknit Industries will hold a meeting of the Board of Directors of the Company on 9 August 2024. Pow
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03 Aug 24
Acknit Industries to convene board meeting
Acknit Industries will hold a meeting of the Board of Directors of the Company on 12 November 2024 P
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05 Nov 24