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BANNARI AMMAN SPINNING MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BANNARI AMMAN SPINNING MILLS is -20.75.

Share Price ₹43.4Apr 22,2024
Market Cap ₹281.0 Cr
Earnings-TTM₹-13.5 CrTTM-Consolidated Results
Price/Earnings-20.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BANNARI AMMAN SPINNING MILLS

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 BANNARI AMMAN SPINNING MILLS is calculated as :

Current Market Cap [ ₹281.0 Cr] as on Apr 22,2024

(/) Earnings [ ₹-13.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -20.75x ]

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

Thus, for BANNARI AMMAN SPINNING MILLS , the investors are currently willing to pay -20.75 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 BANNARI AMMAN SPINNING MILLS !

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 BANNARI AMMAN SPINNING MILLS over the last five years.

Historical PE (Price/Earnings) ratio chart of BANNARI AMMAN SPINNING MILLS


PE Ratio Performance Analysis for BANNARI AMMAN SPINNING MILLS

- BANNARI AMMAN SPINNING MILLS 's latest p/e ratio is -20.75x.

- BANNARI AMMAN SPINNING MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.67x.

- BANNARI AMMAN SPINNING MILLS 's operated at median p/e ratio of 4.62x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BANNARI AMMAN SPINNING MILLS 's p/e ratio peaked in Mar2020 at 14.14x.

- BANNARI AMMAN SPINNING MILLS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does BANNARI AMMAN SPINNING MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BANNARI AMMAN SPINNING MILLS -13.54-20.75281.0
TRIDENT LTD421.6247.2619,925.2
FILATEX INDIA LTD94.4327.622,608.1
NITIN SPINNERS LTD130.8815.131,980.4
NAHAR SPINNING MILLS LTD-40.92-25.091,026.6
SUTLEJ TEXTILES AND INDUSTRIES LTD-133.86-7.05943.8
AMBIKA COTTON MILLS LTD65.0213.97908.4
RAJAPALAYAM MILLS LTD6.90131.31906.0
NAHAR INDUSTRIAL ENTERPRISES LTD3.43166.43570.5
SUPER SALES INDIA LTD27.0419.55528.6
PRECOT LTD-4.26-106.59454.5

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs BANNARI AMMAN SPINNING MILLS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -106.59x
Max industry PE 166.43x
Median industry PE 15.13x
Average industry PE 23.80x



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