BANSWARA SYNTEX
|
The Current P/E Ratio of BANSWARA SYNTEX is 21.05.
Share Price | ₹130.9 | Nov 22,2024 |
Market Cap | ₹447.7 Cr | |
Earnings-TTM | ₹21.3 Cr | TTM-Consolidated Results |
Price/Earnings | 21.05x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BANSWARA SYNTEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
BANSWARA SYNTEX | 21.27 | 21.05 | 447.7 |
GANESHA ECOSPHERE LTD | 83.99 | 67.53 | 5,671.5 |
INDO RAMA SYNTHETICS (INDIA) LTD | -202.75 | -5.04 | 1,022.3 |
SARLA PERFORMANCE FIBERS LTD | 55.89 | 13.05 | 729.6 |
VARDHMAN ACRYLICS LTD | 16.79 | 25.02 | 420.1 |
PASUPATI ACRYLON LTD | 35.58 | 9.89 | 352.0 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs BANSWARA SYNTEX 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -5.04x |
Max industry PE | 67.53x |
Median industry PE | 21.05x |
Average industry PE | 21.92x |
You may also like the below Video Courses