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Binani Industries EV/EBIT

What is the EV/EBIT of Binani Industries?

The EV/EBIT of Binani Industries Limited is N/A

What is the definition of EV/EBIT?



Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.

ttm (trailing twelve months)

The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:

Enterprise value = market cap + total debt – cash and cash equivalents

The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.

EV/EBIT of companies in the Materials sector on NSE compared to Binani Industries

What does Binani Industries do?

Binani Industries Limited, through its subsidiaries, provides media and publication services in India and internationally. It operates through Media, Logistics, Zinc and by Products, Glass Fiber, and Other Products segments. The company publishes a portfolio of trade journals, which provide information on the happenings in the metals, construction, and infrastructure industries, such as Minerals and Metals Review, a monthly magazine; Minerals and Metals Review Weekly, a tabloid that provides weekly wrap-up and updates on metal and market prices, trade intelligence, crucial industry issues, and news; Metals Today Daily, a daily electronic newsletter; and Construction Industry Review, a weekly tabloid, as well as organizes trade events, seminars, workshops, conferences, and exhibitions. It also trades in shares and securities; and offers ordinary Portland cement, Pozzolona Portland cement, and ground granulated blast-furnace slag, as well as develops and supplies fiberglass products and technologies for the reinforcement of thermoplastics and thermosets, and high-grade glass fiber. In addition, the company provides engineering, procurement, and construction services; consultancy and engineering services; and manufacturing services. Further, it is also involved in infrastructure activities; provision of manpower management services; and mining of minerals, as well as provides zinc and metals allied products. Binani Industries Limited was founded in 1872 and is based in Mumbai, India.

Companies with ev/ebit similar to Binani Industries