BANSWARA SYNTEX
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The Current P/E Ratio of BANSWARA SYNTEX is 21.71.
| Share Price | ₹135.0 | Nov 27,2024 |
| Market Cap | ₹461.7 Cr | |
| Earnings-TTM | ₹21.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 21.71x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹461.7 Cr] as on Nov 27,2024
(/) Earnings [ ₹21.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.71x ]
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 21.71 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.
Thus, for BANSWARA SYNTEX , the investors are currently willing to pay 21.71 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 21.71x.
- 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.
- 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 | 21.71 | 461.7 |
| GANESHA ECOSPHERE LTD | 83.99 | 70.22 | 5,897.6 |
| INDO RAMA SYNTHETICS (INDIA) LTD | -202.75 | -5.35 | 1,083.9 |
| SARLA PERFORMANCE FIBERS LTD | 55.89 | 15.46 | 864.3 |
| VARDHMAN ACRYLICS LTD | 16.79 | 25.97 | 436.0 |
| PASUPATI ACRYLON LTD | 35.58 | 10.38 | 369.4 |
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 | -5.35x |
| Max industry PE | 70.22x |
| Median industry PE | 21.71x |
| Average industry PE | 23.07x |
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