BINNY
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The Current P/E Ratio of BINNY is 8.09.
Share Price | ₹166.7 | May 13,2024 |
Market Cap | ₹371.7 Cr | |
Earnings-TTM | ₹45.9 Cr | TTM-Standalone Results |
Price/Earnings | 8.09x | 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 [ ₹371.7 Cr] as on May 13,2024
(/) Earnings [ ₹45.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 8.09x ]
Thus, for BINNY , the investors are currently willing to pay 8.09 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 | 45.93 | 8.09 | 371.7 |
PAGE INDUSTRIES LTD | 539.34 | 72.61 | 39,159.0 |
KPR MILL LTD | 805.35 | 34.12 | 27,476.7 |
VEDANT FASHIONS LTD | 414.17 | 58.27 | 24,131.8 |
SWAN ENERGY LTD | 646.46 | 25.97 | 16,790.3 |
WELSPUN LIVING LTD | 672.63 | 20.13 | 13,537.3 |
ALOK INDUSTRIES LTD | -845.86 | -14.97 | 12,661.4 |
VARDHMAN TEXTILES LTD | 594.05 | 21.77 | 12,934.8 |
ARVIND LTD | 352.71 | 27.42 | 9,671.2 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 31.85 | 6,318.0 |
JINDAL WORLDWIDE LTD | 74.01 | 98.64 | 7,300.0 |
Textile Industry Benchmark (Top 10) PE Analysis vs BINNY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -14.97x |
Max industry PE | 98.64x |
Median industry PE | 27.42x |
Average industry PE | 34.90x |
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