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BINNY
PE (Price/Earnings) Ratio

The Current P/E Ratio of BINNY is 13.80.

Share Price ₹141.0Jul 08,2024
Market Cap ₹314.3 Cr
Earnings-TTM₹22.8 CrTTM-Standalone Results
Price/Earnings13.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BINNY

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 BINNY is calculated as :

Current Market Cap [ ₹314.3 Cr] as on Jul 08,2024

(/) Earnings [ ₹22.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.80x ]

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

Thus, for BINNY , the investors are currently willing to pay 13.80 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 BINNY !

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 BINNY over the last five years.

Historical PE (Price/Earnings) ratio chart of BINNY


PE Ratio Performance Analysis for BINNY

- BINNY 's latest p/e ratio is 13.80x.

- BINNY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.94x.

- BINNY 's operated at median p/e ratio of 8.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BINNY 's p/e ratio peaked in Mar2022 at 27.92x.

- BINNY 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does BINNY 's P/E Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BINNY 22.7813.80314.3
PAGE INDUSTRIES LTD621.0484.6052,540.6
KPR MILL LTD808.9843.6235,283.8
VEDANT FASHIONS LTD402.9074.6030,054.4
SWAN ENERGY LTD610.3836.7122,404.3
WELSPUN LIVING LTD697.5921.6215,082.7
ALOK INDUSTRIES LTD-913.83-11.5810,585.9
VARDHMAN TEXTILES LTD751.8419.7014,813.0
ARVIND LTD305.0934.6310,565.0
GARWARE TECHNICAL FIBRES LTD225.4639.248,847.8
JINDAL WORLDWIDE LTD84.6095.048,040.9

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

Top 10 Industry PeersPE Ratio
Min industry PE -11.58x
Max industry PE 95.04x
Median industry PE 36.71x
Average industry PE 41.09x



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