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AARON INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AARON INDUSTRIES is 47.41.

Share Price ₹255.6Apr 19,2024
Market Cap ₹268.4 Cr
Earnings-TTM₹5.7 CrTTM-Standalone Results
Price/Earnings47.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AARON INDUSTRIES

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 AARON INDUSTRIES is calculated as :

Current Market Cap [ ₹268.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹5.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 47.41x ]

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

Thus, for AARON INDUSTRIES , the investors are currently willing to pay 47.41 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 AARON INDUSTRIES !

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 AARON INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of AARON INDUSTRIES


PE Ratio Performance Analysis for AARON INDUSTRIES

- AARON INDUSTRIES 's latest p/e ratio is 47.41x.

- AARON INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 22.67x.

- AARON INDUSTRIES 's operated at median p/e ratio of 29.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AARON INDUSTRIES 's p/e ratio peaked in Mar2023 at 34.07x.

- AARON INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 8.43x.


How does AARON INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AARON INDUSTRIES 5.6647.41268.4
RITES LTD494.6131.3315,495.9
ENGINEERS INDIA LTD427.4426.9211,505.0
MTAR TECHNOLOGIES LTD82.3166.335,459.4
KENNAMETAL INDIA LTD76.3069.185,278.2
INOX GREEN ENERGY SERVICES LTD5.48715.263,919.6
THEJO ENGINEERING LTD55.1555.613,066.8
DIVGI TORQTRANSFER SYSTEMS LTD43.9857.672,536.2
PITTI ENGINEERING LTD74.6734.462,573.0
DEEP INDUSTRIES LTD160.7411.841,903.7
LOKESH MACHINES LTD12.1269.39840.8

Engineering Industry Benchmark (Top 10) PE Analysis vs AARON INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.84x
Max industry PE 715.26x
Median industry PE 55.61x
Average industry PE 107.76x



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