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BANSWARA SYNTEX
PE (Price/Earnings) Ratio

The Current P/E Ratio of BANSWARA SYNTEX is 21.05.

Share Price ₹130.9Nov 22,2024
Market Cap ₹447.7 Cr
Earnings-TTM₹21.3 CrTTM-Consolidated Results
Price/Earnings21.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BANSWARA SYNTEX

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of BANSWARA SYNTEX is calculated as :

Current Market Cap [ ₹447.7 Cr] as on Nov 22,2024

(/) Earnings [ ₹21.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.05x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BANSWARA SYNTEX , the investors are currently willing to pay 21.05 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 BANSWARA SYNTEX !

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 BANSWARA SYNTEX over the last five years.

Historical PE (Price/Earnings) ratio chart of BANSWARA SYNTEX


PE Ratio Performance Analysis for BANSWARA SYNTEX

- BANSWARA SYNTEX 's latest p/e ratio is 21.05x.

- BANSWARA SYNTEX 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.72x.

- BANSWARA SYNTEX 's operated at median p/e ratio of 3.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BANSWARA SYNTEX 's p/e ratio peaked in Mar2024 at 13.91x.

- BANSWARA SYNTEX 's p/e ratio hit its five-year low in Mar2020 of 1.14x.


How does BANSWARA SYNTEX 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BANSWARA SYNTEX 21.2721.05447.7
GANESHA ECOSPHERE LTD83.9967.535,671.5
INDO RAMA SYNTHETICS (INDIA) LTD-202.75-5.041,022.3
SARLA PERFORMANCE FIBERS LTD55.8913.05729.6
VARDHMAN ACRYLICS LTD16.7925.02420.1
PASUPATI ACRYLON LTD35.589.89352.0

Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs BANSWARA SYNTEX 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -5.04x
Max industry PE 67.53x
Median industry PE 21.05x
Average industry PE 21.92x



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