BANNARI AMMAN SPINNING MILLS
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The Current P/E Ratio of BANNARI AMMAN SPINNING MILLS is -20.93.
Share Price | ₹54.0 | Dec 03,2024 |
Market Cap | ₹349.9 Cr | |
Earnings-TTM | ₹-16.7 Cr | TTM-Consolidated Results |
Price/Earnings | -20.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BANNARI AMMAN SPINNING MILLS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹349.9 Cr] as on Dec 03,2024
(/) Earnings [ ₹-16.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -20.93x ]
Thus, for BANNARI AMMAN SPINNING MILLS , the investors are currently willing to pay -20.93 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 BANNARI AMMAN SPINNING MILLS !
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 BANNARI AMMAN SPINNING MILLS over the last five years.
Historical PE (Price/Earnings) ratio chart of BANNARI AMMAN SPINNING MILLS
PE Ratio Performance Analysis for BANNARI AMMAN SPINNING MILLS
- BANNARI AMMAN SPINNING MILLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.75x.
- BANNARI AMMAN SPINNING MILLS '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, BANNARI AMMAN SPINNING MILLS 's p/e ratio peaked in Mar2020 at 14.14x.
- BANNARI AMMAN SPINNING MILLS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does BANNARI AMMAN SPINNING MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BANNARI AMMAN SPINNING MILLS | -16.72 | -20.93 | 349.9 |
TRIDENT LTD | 325.53 | 53.73 | 17,489.3 |
FILATEX INDIA LTD | 115.70 | 26.16 | 3,026.2 |
NITIN SPINNERS LTD | 155.20 | 16.01 | 2,484.9 |
NAHAR SPINNING MILLS LTD | -26.40 | -37.10 | 979.4 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -12.85 | 1,102.4 |
AMBIKA COTTON MILLS LTD | 64.71 | 13.60 | 880.1 |
RAJAPALAYAM MILLS LTD | -49.62 | -19.67 | 976.0 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 21.42 | 29.11 | 623.5 |
SUPER SALES INDIA LTD | 4.43 | 96.47 | 426.9 |
PRECOT LTD | 40.86 | 18.39 | 751.6 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs BANNARI AMMAN SPINNING MILLS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -37.10x |
Max industry PE | 96.47x |
Median industry PE | 16.01x |
Average industry PE | 14.81x |
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