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Acknit Industries Ltd P/E Ratio

Acknit Industries Ltd P/E Ratio

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Last Updated time: 21 Jul 9.00 AM

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Acknit Industries Ltd

NSE: ACKNITINDUS

PE

11.4

Last updated : 21 Jul 9.00 AM

Key Highlights

    The P/E Ratio of Acknit Industries Ltd is 11.4 as of 21 Jul 9.00 AM .a1#The P/E Ratio of Acknit Industries Ltd changed from 5.9 on March 2019 to 4.7 on March 2023 . This represents a CAGR of -4.45% over 5 years. a1#The Latest Trading Price of Acknit Industries Ltd is ₹ 321.3 as of 19 Jul 15:30 .a1#The PE Ratio of Textiles Industry has changed from -477.5 to 21.1 in 5 years. This represents a CAGR of NaN%a1# The PE Ratio of Automobile industry is 18.5. The PE Ratio of Finance industry is 23.8. The PE Ratio of IT - Software industry is 29.3. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 20.4. In 2024a1#The Market Cap of Acknit Industries Ltd changed from ₹ 27.51 crore on March 2019 to ₹ 42.29 crore on March 2023 . This represents a CAGR of 8.98% over 5 years. a1#The Revenue of Acknit Industries Ltd changed from ₹ 74.31 crore to ₹ 68.49 crore over 8 quarters. This represents a CAGR of -4.00% a1#The EBITDA of Acknit Industries Ltd changed from ₹ 4.81 crore to ₹ 5.55 crore over 8 quarters. This represents a CAGR of 7.42% a1#The Net Pr of Acknit Industries Ltd changed from ₹ 2.39 crore to ₹ 3.07 crore over 8 quarters. This represents a CAGR of 13.34% a1#The Dividend Payout of Acknit Industries Ltd changed from 9.74 % on March 2019 to 5.06 % on March 2023 . This represents a CAGR of -12.28% over 5 years. a1#

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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

Period
Mar '195.9
Mar '203
Mar '214.8
Mar '225.2
Mar '234.7

Company Fundamentals for Acknit Industries Ltd

Market Cap

97 Cr

EPS

28.1

P/E Ratio (TTM) *

11.4

P/B Ratio (TTM) *

1.2

Day’s High

333.0

Day’s Low

318.0

DTE *

0.7

ROE *

10.9

52 Week High

369.45

52 Week Low

198.0

ROCE *

10.1

* All values are consolidated

Last Updated time: 21 Jul 9.00 AM

* All values are consolidated

Last Updated time: 21 Jul 9.00 AM

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Acknit Industries Ltd

NSE: ACKNITINDUS

PRICE

321.3

-1.70 (-0.53%)

stock direction

Last updated : 19 Jul 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Acknit Industries Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value of Acknit Industries Ltd

Market Value

98

Asset Value

93

0.1 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Acknit Industries Ltd1197
Grasim Industries Ltd30180,970
Trident Ltd5418,835
Welspun Living Ltd2416,701
Vardhman Textiles Ltd2315,102
Raymond Ltd813,918

Key Valuation Metric of Acknit Industries Ltd

Earnings

8 Cr

11.4 X

PE Ratio

Market Cap

₹97.68Cr

PE Ratio

PS Ratio

PB 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.

Earnings

8 Cr

11.4 X

PE Ratio

Market Cap

₹97.68Cr

PE Ratio

PS Ratio

PB 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

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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

Period
Mar '1928
Mar '2013
Mar '2128
Mar '2241
Mar '2342

* All values are a in crore

×

Historical Revenue 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. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Acknit Industries Ltd

Period
Jun '2274
Sep '2263
Dec '2248
Mar '2353
Jun '2350
Sep '2356
Dec '2346
Mar '2468

* All values are a in crore

×

Historical EBITDA of Acknit Industries Ltd

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.

Historical EBITDA of Acknit Industries Ltd

Period
Jun '225
Sep '224
Dec '225
Mar '235
Jun '234
Sep '234
Dec '234
Mar '246

* All values are a in crore

×

Historical Net Profit of Acknit Industries Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Acknit Industries Ltd

Period
Jun '222
Sep '222
Dec '222
Mar '232
Jun '232
Sep '232
Dec '232
Mar '243

* All values are a in crore

×

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

Period
Mar '1910
Mar '2010
Mar '218
Mar '226
Mar '235

* All values are a in %

About 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. It operates in four segments: own manufactured cotton and synthetic gloves; leather gloves; other and traded items, and power generation segment. From a modest beginning Acknit has emerged as a leading producer and exporter of Seamless Gloves from India with an installed production capacity of over a million pairs a month with dotting, PU-coating and Nytrile Coating facilities for its Seamless range of Gloves. The Seamless Gloves Division is situated in Special Economic Zone (SEZ) manufacturing Seamless Gloves made of 100% Cotton, Poly / Cotton, Nylon, Kevlar, HPPE and other special cut resistant blended yarns etc., for cut lever 1 to 5., the Company is having 3 coating facilities which produces PU Coating, Nitrile Coating & Layex Coated Gloves. The Industrial Garments Division is manufacturing various types of Industrial Garments made of Cotton, Poly / Cotton, high visibility fabric with 3m reflective tape, heat resistant, Nomex and T-Shirt of all types. All the units are of international standards with sophisticated machinery and state of the art facilities having adequate production capacity to meet the growing market demands. The products are manufactured as per CE norms and well approved by the overseas customers. Over 90% productions are exported to European countries regularly and it is a recognized export house by the Government of India. The Industrial Leather Products Division owns a full integrated setup backed up with its own tanning facilities for manufacturing Leather Gloves and special type of Leather Gloves of Kevlar / HPPE / Glass Yarns with leather stitch on the palm and at the back of the finger tips. of the fastest growing and leading exporters from India in a short span of time.

Acknit Industries Ltd News Hub

News

Board of Acknit Industries recommends final dividend

Acknit Industries announced that the Board of Directors of the Company at its meeting held...

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23 May 202409:39

News

Acknit Industries to hold board meeting

Acknit Industries will hold a meeting of the Board of Directors of the Company on 22 May 2...

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16 May 202415:33

News

Acknit Industries to discuss results

Acknit Industries will hold a meeting of the Board of Directors of the Company on 12 Febru...

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03 Feb 202417:31

News

Acknit Industries to table results

Acknit Industries will hold a meeting of the Board of Directors of the Company on 8 Novemb...

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04 Nov 202310:02

News

Acknit Industries to announce Quarterly Result

Acknit Industries will hold a meeting of the Board of Directors of the Company on 11 Augus...

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08 Aug 202316:49

News

Acknit Industries AGM scheduled

Acknit Industries announced that the 33th Annual General Meeting (AGM) of the company will...

Read more

27 Jun 202309:52

Product Composition by Percentage (Revenue)

FAQs for PE of Acknit Industries Ltd

What is Acknit Industries Ltd current share price?

The current market price of Acknit Industries Ltd as of July 21, 2024 is ₹321.30.

What is Acknit Industries Ltd's market cap?

Acknit Industries Ltd's market capitalisation stood at ₹97 Cr as of July 21, 2024

What are Acknit Industries Ltd's total net assets?

According to Acknit Industries Ltd's most recent financial filings, the company's net assets total ₹92.7 Cr.

Is Acknit Industries Ltd making a profit or loss?

Acknit Industries Ltd's net Profit as of July 21, 2024 is close to ₹8 Cr.
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