BHANDARI HOSIERY EXPORTS
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The Current P/E Ratio of BHANDARI HOSIERY EXPORTS is 22.43.
Share Price | ₹6.1 | Jan 27,2025 |
Market Cap | ₹145.9 Cr | |
Earnings-TTM | ₹6.5 Cr | TTM-Standalone Results |
Price/Earnings | 22.43x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHANDARI HOSIERY EXPORTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹145.9 Cr] as on Jan 27,2025
(/) Earnings [ ₹6.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 22.43x ]
Thus, for BHANDARI HOSIERY EXPORTS , the investors are currently willing to pay 22.43 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 BHANDARI HOSIERY EXPORTS !
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 BHANDARI HOSIERY EXPORTS over the last five years.
Historical PE (Price/Earnings) ratio chart of BHANDARI HOSIERY EXPORTS
PE Ratio Performance Analysis for BHANDARI HOSIERY EXPORTS
- BHANDARI HOSIERY EXPORTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.61x.
- BHANDARI HOSIERY EXPORTS 's operated at median p/e ratio of 16.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHANDARI HOSIERY EXPORTS 's p/e ratio peaked in Mar2021 at 19.06x.
- BHANDARI HOSIERY EXPORTS 's p/e ratio hit its five-year low in Mar2020 of 2.07x.
How does BHANDARI HOSIERY EXPORTS 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BHANDARI HOSIERY EXPORTS | 6.51 | 22.43 | 145.9 |
PAGE INDUSTRIES LTD | 621.04 | 79.98 | 49,671.1 |
KPR MILL LTD | 808.98 | 37.52 | 30,353.1 |
VEDANT FASHIONS LTD | 402.90 | 65.88 | 26,542.9 |
SWAN ENERGY LTD | 610.38 | 27.57 | 16,829.5 |
WELSPUN LIVING LTD | 697.59 | 19.75 | 13,778.2 |
ALOK INDUSTRIES LTD | -956.91 | -9.42 | 9,016.9 |
VARDHMAN TEXTILES LTD | 801.89 | 15.85 | 12,707.8 |
ARVIND LTD | 305.09 | 30.68 | 9,359.5 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 33.57 | 7,569.5 |
JINDAL WORLDWIDE LTD | 84.60 | 95.37 | 8,068.9 |
Textile Industry Benchmark (Top 10) PE Analysis vs BHANDARI HOSIERY EXPORTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -9.42x |
Max industry PE | 95.37x |
Median industry PE | 30.68x |
Average industry PE | 38.11x |
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