BANSWARA SYNTEX
|
The Current P/E Ratio of BANSWARA SYNTEX is 9.49.
Share Price | ₹148.1 | Apr 18,2024 |
Market Cap | ₹506.5 Cr | |
Earnings-TTM | ₹53.4 Cr | TTM-Consolidated Results |
Price/Earnings | 9.49x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BANSWARA SYNTEX
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹506.5 Cr] as on Apr 18,2024
(/) Earnings [ ₹53.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.49x ]
Thus, for BANSWARA SYNTEX , the investors are currently willing to pay 9.49 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 BANSWARA SYNTEX !
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 BANSWARA SYNTEX over the last five years.
Historical PE (Price/Earnings) ratio chart of BANSWARA SYNTEX
PE Ratio Performance Analysis for BANSWARA SYNTEX
- BANSWARA SYNTEX 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.43x.
- BANSWARA SYNTEX 's operated at median p/e ratio of 3.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BANSWARA SYNTEX 's p/e ratio peaked in Mar2021 at 5.9x.
- BANSWARA SYNTEX 's p/e ratio hit its five-year low in Mar2020 of 1.14x.
How does BANSWARA SYNTEX 's P/E Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?
Peer Comparison (Textile - Manmade Fibres Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BANSWARA SYNTEX | 53.36 | 9.49 | 506.5 |
GANESHA ECOSPHERE LTD | 34.36 | 75.91 | 2,608.0 |
INDO RAMA SYNTHETICS (INDIA) LTD | -161.34 | -7.14 | 1,152.6 |
SARLA PERFORMANCE FIBERS LTD | 21.33 | 22.53 | 480.6 |
VARDHMAN ACRYLICS LTD | 16.16 | 27.90 | 450.8 |
PASUPATI ACRYLON LTD | 10.82 | 31.04 | 335.9 |
Textile - Manmade Fibres Industry Benchmark (Top 10) PE Analysis vs BANSWARA SYNTEX 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -7.14x |
Max industry PE | 75.91x |
Median industry PE | 27.90x |
Average industry PE | 26.62x |
You may also like the below Video Courses