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BHANDARI HOSIERY EXPORTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHANDARI HOSIERY EXPORTS is 22.43.

Share Price ₹6.1Jan 27,2025
Market Cap ₹145.9 Cr
Earnings-TTM₹6.5 CrTTM-Standalone Results
Price/Earnings22.43xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHANDARI HOSIERY EXPORTS

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 BHANDARI HOSIERY EXPORTS is calculated as :

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 ]

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

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 latest p/e ratio is 22.43x.

- 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 RatioMarket Cap
BHANDARI HOSIERY EXPORTS 6.5122.43145.9
PAGE INDUSTRIES LTD621.0479.9849,671.1
KPR MILL LTD808.9837.5230,353.1
VEDANT FASHIONS LTD402.9065.8826,542.9
SWAN ENERGY LTD610.3827.5716,829.5
WELSPUN LIVING LTD697.5919.7513,778.2
ALOK INDUSTRIES LTD-956.91-9.429,016.9
VARDHMAN TEXTILES LTD801.8915.8512,707.8
ARVIND LTD305.0930.689,359.5
GARWARE TECHNICAL FIBRES LTD225.4633.577,569.5
JINDAL WORLDWIDE LTD84.6095.378,068.9

Textile Industry Benchmark (Top 10) PE Analysis vs BHANDARI HOSIERY EXPORTS 's P/E Ratio

Top 10 Industry PeersPE 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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