BINNY
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The Current P/E Ratio of BINNY is 13.80.
Share Price | ₹141.0 | Jul 08,2024 |
Market Cap | ₹314.3 Cr | |
Earnings-TTM | ₹22.8 Cr | TTM-Standalone Results |
Price/Earnings | 13.80x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BINNY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
BINNY | 22.78 | 13.80 | 314.3 |
PAGE INDUSTRIES LTD | 621.04 | 79.83 | 49,577.2 |
KPR MILL LTD | 808.98 | 39.41 | 31,879.3 |
VEDANT FASHIONS LTD | 402.90 | 82.57 | 33,265.7 |
SWAN ENERGY LTD | 610.38 | 27.09 | 16,533.3 |
WELSPUN LIVING LTD | 697.59 | 20.29 | 14,152.3 |
ALOK INDUSTRIES LTD | -913.83 | -10.90 | 9,965.2 |
VARDHMAN TEXTILES LTD | 751.84 | 16.86 | 12,673.1 |
ARVIND LTD | 305.09 | 30.28 | 9,237.8 |
GARWARE TECHNICAL FIBRES LTD | 225.46 | 40.43 | 9,116.3 |
JINDAL WORLDWIDE LTD | 84.60 | 74.66 | 6,316.4 |
Textile Industry Benchmark (Top 10) PE Analysis vs BINNY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.90x |
Max industry PE | 82.57x |
Median industry PE | 30.28x |
Average industry PE | 37.66x |
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