Page Industries EV/EBIT

What is the EV/EBIT of Page Industries?

The EV/EBIT of Page Industries Limited is 53.47

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 Consumer Discretionary sector on NSE compared to Page Industries

What does Page Industries do?

Page Industries Limited manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys. The company offers vests, briefs, boxer briefs, trunks, boxer shorts, inner tees, midways, brassiers, sports bra, panties, camisole, crop top, tank tops, shapewear, shorties, bloomers, t-shirts, shorts, capris, track pants, pyjamas, sweat shirts, jackets, polo t-shirts, and sweat shirts, bermudas, lounge pants, sports shorts, gym vests, yoga pants, sleepwear, muscle vest, and leggings; face, hand, and bath towels; calf, ankle, low show, and no-show socks; and thermal wear under Jockey brand name. It also provides equipment comprising googles, caps, training aid, and swim confidence for swimming; swimwear, such as leisure, swimdress, kneesuit, legsuit, full body suit, jammer, aquashorts, watershorts, and all-in-one suit; swimactive, consisting of H2O active, sun tops, capris, leggings, and watershorts; and slide and thong footwear under the Speedo brand. The company sells its products through approximately 930 exclusive brand outlets, 46 exclusive woman outlets, 38 exclusive juniors outlets, 190 outlets in malls, and 740 outlets in high street; and large format stores, comprising 2,350 stores and 3,600 point of sales, as well as through online stores in India. It also operates in Sri Lanka, Bangladesh, Nepal, the Sultanate of Oman, Qatar, Maldives, Bhutan, and the United Arab Emirates. Page Industries Limited was incorporated in 1994 and is headquartered in Bengaluru, India.

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