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BENGAL TEA & FABRICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BENGAL TEA & FABRICS is -835.68.

Share Price ₹157.9Sep 06,2024
Market Cap ₹142.1 Cr
Earnings-TTM₹-0.2 CrTTM-Standalone Results
Price/Earnings-835.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BENGAL TEA & FABRICS

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 BENGAL TEA & FABRICS is calculated as :

Current Market Cap [ ₹142.1 Cr] as on Sep 06,2024

(/) Earnings [ ₹-0.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -835.68x ]

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

Thus, for BENGAL TEA & FABRICS , the investors are currently willing to pay -835.68 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 BENGAL TEA & FABRICS !

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 BENGAL TEA & FABRICS over the last five years.

Historical PE (Price/Earnings) ratio chart of BENGAL TEA & FABRICS


PE Ratio Performance Analysis for BENGAL TEA & FABRICS

- BENGAL TEA & FABRICS 's latest p/e ratio is -835.68x.

- BENGAL TEA & FABRICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.14x.

- BENGAL TEA & FABRICS '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, BENGAL TEA & FABRICS 's p/e ratio peaked in Mar2021 at 4.19x.

- BENGAL TEA & FABRICS 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does BENGAL TEA & FABRICS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BENGAL TEA & FABRICS -0.17-835.68142.1
TRIDENT LTD332.5256.5218,793.9
FILATEX INDIA LTD125.3322.402,806.9
NITIN SPINNERS LTD144.7416.232,349.2
NAHAR SPINNING MILLS LTD-26.94-43.211,164.2
SUTLEJ TEXTILES AND INDUSTRIES LTD-116.47-9.831,145.0
AMBIKA COTTON MILLS LTD63.7615.31976.4
RAJAPALAYAM MILLS LTD-35.54-26.38937.5
NAHAR INDUSTRIAL ENTERPRISES LTD16.1140.76656.7
SUPER SALES INDIA LTD14.9833.24498.0
PRECOT LTD29.2819.01556.7

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs BENGAL TEA & FABRICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -835.68x
Max industry PE 56.52x
Median industry PE 16.23x
Average industry PE -64.69x



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