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Garware Technical Fibres Ltd P/E Ratio

Garware Technical Fibres Ltd P/E Ratio

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Garware Technical Fibres Ltd

NSE: GARFIBRES

PE

34.7

Last updated : 13 Jun 15:30 pm

Key Highlights

    The P/E Ratio of Garware Technical Fibres Ltd is 34.7 as of 13 Jun 15:30 pm .a1#The P/E Ratio of Garware Technical Fibres Ltd changed from 19.7 on March 2019 to 34.4 on March 2023 . This represents a CAGR of 11.79% over 5 years. a1#The Latest Trading Price of Garware Technical Fibres Ltd is ₹ 4120 as of 13 Jun 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 11.3. The PE Ratio of Finance industry is 21.7. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2024a1#The Market Cap of Garware Technical Fibres Ltd changed from ₹ 2476 crore on March 2019 to ₹ 5924 crore on March 2023 . This represents a CAGR of 19.05% over 5 years. a1#The Revenue of Garware Technical Fibres Ltd changed from ₹ 309.2 crore to ₹ 394.81 crore over 8 quarters. This represents a CAGR of 13.00% a1#The EBITDA of Garware Technical Fibres Ltd changed from ₹ 45.33 crore to ₹ 103.88 crore over 8 quarters. This represents a CAGR of 51.38% a1#The Net Profit of Garware Technical Fibres Ltd changed from ₹ 28.19 crore to ₹ 69.48 crore over 8 quarters. This represents a CAGR of 56.99% a1#The Dividend Payout of Garware Technical Fibres Ltd changed from 8.71 % on March 2019 to 4.48 % on March 2023 . This represents a CAGR of -12.45% over 5 years. a1#

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P/E Ratio Over Time

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.

P/E Ratio Over Time

Period
Mar '1919.7
Mar '2016.6
Mar '2133.4
Mar '2235.4
Mar '2334.4

Fundamental Metrics

Market Cap

8,397 Cr

EPS

102.2

P/E Ratio (TTM) *

34.7

P/B Ratio (TTM) *

5.8

Day’s High

4219.0

Day’s Low

4105.6

DTE *

0.1

ROE *

16.9

52 Week High

4266.0

52 Week Low

2987.9

ROCE *

21.2

* All values are consolidated

* All values are consolidated

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Garware Technical Fibres Ltd

NSE: GARFIBRES

PRICE

4120.65

-19.85 (-0.48%)

stock direction

Last updated : 13 Jun 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 Garware Technical Fibres Ltd

Strength

5

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

7,219

Asset Value

604

11.0 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

208 Cr

34.7 X

PE Ratio

Market Cap

₹7219Cr

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

PS Ratio

PB Ratio

Earnings

208 Cr

34.7 X

PE Ratio

Market Cap

₹7219Cr

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

Garware Technical Fibres Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Garware Technical Fibres Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Garware Technical Fibres Ltd's Share Price stands at 4120.65. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-13T00:00:00 is 102.16. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 4120.65/ 102.16= 34.68.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Garware Technical Fibres Ltd's stock is trading at approximately 34.68 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Garware Technical Fibres Ltd’s PE Ratio (BSE: GARFIBRES)

    The Price-to-Earnings (PE) ratio, used to assess Garware Technical Fibres Ltd's stock (BSE: GARFIBRES), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

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

Market Cap Over Time

Period
Mar '192477
Mar '202334
Mar '215297
Mar '225838
Mar '235924

* All values are a in crore

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Revenue Over Time

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.

Revenue Over Time

Period
Jun '22309
Sep '22364
Dec '22282
Mar '22378
Jun '23335
Sep '23338
Dec '23301
Mar '23395

* All values are a in crore

×

EBITDA Over Time

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.

EBITDA Over Time

Period
Jun '2245
Sep '2270
Dec '2255
Mar '2288
Jun '2368
Sep '2379
Dec '2365
Mar '23104

* All values are a in crore

×

Net Profit Over Time

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

Net Profit Over Time

Period
Jun '2228
Sep '2248
Dec '2237
Mar '2260
Jun '2343
Sep '2352
Dec '2343
Mar '2369

* All values are a in crore

×

Dividend Payout Over Time

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.

Dividend Payout Over Time

Period
Mar '199
Mar '2021
Mar '213
Mar '229
Mar '234

* All values are a in %

About Garware Technical Fibres Ltd

About Garware Technical Fibres Ltd

    Garware Technical Fibres Limited (GTFL) was incorporated on 1st April 1976 in Mumbai. The Company is a leading manufacturer of technical textiles catering to both domestic and international markets. It provides innovative solutions in the field of fisheries, aquaculture, shipping, sports, agriculture, coated fabrics, and geo-synthetics. It has products manufacturing facilities at Wai and Pune, in Western Maharashtra and markets the same in more than 75 countries globally. Presently, it is engaged in manufacturing and selling various products such as Ropes, Twines, Yarn, Fishnet, Other Nets and Technical Textiles. Incorporated on 1 Apr.'76 in Bombay, Garware-Wall Ropes was promoted by Garware Filament Corporation and Wall Ind. Inc, US. In 1987, Wall Ind. divested its shareholding which was taken up by the promoters. The company came out with a rights issue in Nov.'95 to part-finance the manufacture of synthetic cordage and fishnet webbings at Wai and the expansion of its capacity in Pune. The company entered into a technical collaboration with Toyo Kogyo, Japan, to manufacture fishnet webbing machines. It has decided to set up a subsidiary in the US. The company finalised a joint venture with a Danish company to set up a 100% EOU to manufacture braided wires. It has decided to diversify into the manufacture of heat-resistant rubber tension tapes and threads used in the garment industry. A plant at Manchester belonging to Rotunda, UK, is being dismantled and will be re-erected in Wai by Mar.'96. In domestic market, Company concerted efforts in reaching out to the end-users have not only resulted in the imporvement of market share, but also enhanced the brand equity enjoyed by the Company products. Company has opened branch office in USA which enable to obtain a strong foothold in the growth American market. The company has been awarded the Top Exporter Awards for the year 1998-99 during 1999-2000, both in 'Fishnets/Fishing Line' and 'Ropes' by The Plastics Export Promotion Council'. The company has planned to develop Raschel nets for fish farming. During the year 2001, Company received Certificate of Export Excellence in Sports Goods Exports category from The Sports Goods Export Promotion Council, New Delhi. During the year 2002, as a part of investment rationalization process, Company has disinvested 23,00,000 shares of Garware Elastomerics Limited (GEL) an associate company of its Group. Consequent upon the application for delisting of the Company's Equity Shares, the Company was granted delisting permission from the Stock Exchange at Ahmedabad effective from 2nd January, 2006. In FY2011-12, apart from launching solutions for the Company's existing business segments like fishing, aquaculture, infrastructure and defence, it further ventured into two new business segments, agritech and coated fabrics. Garware Environmental Services Private Ltd., has become a wholly-owned subsidiary of the Company, with effect from 28th November, 2012. In FY 2012-13, the Company executed orders for woven geo-textile bags in Singapore and secured first order from UK for composite geo-textile tubes. As an established and well-known player in North America and Europe, it expanded footprint in South Asia, the Far East, South America and Australia. In FY 2013-14, the Company expanded the range, with the launch of insect-protection nets, which prevent infestation by thrips and other insects that damage crops of horticulturists and other farmers. It expanded application range, introducing a multi-purpose, multi-benefit product for users of tents and pandals called 'Guru Max'. During the FY 2019-20, the Company incorporated a subsidiary named as Garware Technical Fibres USA INC. (GTF USA INC) in the State of Washington, United State of America. Garware Technical Fibres Chile SpA, was incorporated as a Wholly Owned Subsidiary (WOS) of the Company in Republic of Chile to expand its presence in Chilean Market. In 2021, it incorporated a Wholly Owned Subsidiary, Garware Technical Textile Private Limited (GTTPL). In 2022, it incorporated a Wholly Owned Subsidiary, Garware Technical Fibres Foundation. In FY 2022-23, the Company strengthened its relations with one of the largest producers of farmed salmon in Europe. While aquaculture salmon accounts for a large part of global fish sales, it made notable inroads into markets for other high-value farmed fish as well. To service international customers more efficiently, the Company expanded its teams in America and Europe. Among the GTFL solutions that garnered high market interest were Sapphire CFR, a new-age predator net; X18, a stiff predator net that combines superior protection with ease of handling; energy-efficient Garflow fishing nets; and X12, a non-pharmacological shield that prevents sea lice from entering salmon aquaculture cages. Positive market feedback was also received for SNG, a braided bottomtrawling HDPE net that has high strength and abrasion resistance, thus enhancing trawl life and reducing fuel bills. On the domestic front, a project executed in FY 22-23 was for the protection of the Kargil-Zanskar highway in Ladakh from avalanches, which involved the complex design and installation of barriers in the avalanche zone, using technical guidelines developed by the Swiss Federal Institute for Snow and Avalanche Research. Another major project executed in the year was the scientific closure and capping of a hazardous waste landfill in Central India. The Company's geo-textile bags and geo-textile containers for protection of coastlines and infrastructure of ports and harbours also drew positive interest internationally.

Garware Technical Fibres Ltd News Hub

News

Board of Garware Technical Fibres recommends final dividend

Garware Technical Fibres announced that the Board of Directors of the Company at its meeti...

Read more

28 May 202410:34

News

Garware Technical rallies after Q4 PAT climbs 16% to Rs 69 cr

Profit before tax (PBT) stood at Rs 91.47 crore in Q4 FY23, up 66.27% QoQ and up 16.59% Yo...

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28 May 202412:02

News

Garware Technical Fibres schedules board meeting

Garware Technical Fibres will hold a meeting of the Board of Directors of the Company on 2...

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20 May 202416:48

News

Volumes spurt at Garware Technical Fibres Ltd counter

Bayer CropScience Ltd, Aegis Logistics Ltd, Zomato Ltd, Blue Dart Express Ltd are among th...

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16 Apr 202411:00

News

Garware Technical Fibres announces board meeting date

Garware Technical Fibres will hold a meeting of the Board of Directors of the Company on 2...

Read more

23 Jan 202410:45

News

Garware Technical Fibres to convene board meeting

Garware Technical Fibres will hold a meeting of the Board of Directors of the Company on 6...

Read more

31 Oct 202315:20

Product Composition by Percentage (Revenue)

FAQs for PE of Garware Technical Fibres Ltd

What is Garware Technical Fibres Ltd current share price?

The current market price of Garware Technical Fibres Ltd as of June 13, 2024 is ₹4120.65.

What is Garware Technical Fibres Ltd's market cap?

Garware Technical Fibres Ltd's market capitalisation stood at ₹7,219 Cr as of June 13, 2024

What are Garware Technical Fibres Ltd's total net assets?

According to Garware Technical Fibres Ltd's most recent financial filings, the company's net assets total ₹604.0 Cr.

Is Garware Technical Fibres Ltd making a profit or loss?

Garware Technical Fibres Ltd's net Profit as of June 13, 2024 is close to ₹208 Cr.
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