AARTECH SOLONICS
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The Current P/E Ratio of AARTECH SOLONICS is 89.29.
Share Price | ₹221.2 | May 17,2024 |
Market Cap | ₹234.5 Cr | |
Earnings-TTM | ₹2.6 Cr | TTM-Consolidated Results |
Price/Earnings | 89.29x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of AARTECH SOLONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹234.5 Cr] as on May 17,2024
(/) Earnings [ ₹2.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 89.29x ]
Thus, for AARTECH SOLONICS , the investors are currently willing to pay 89.29 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 AARTECH SOLONICS !
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 AARTECH SOLONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of AARTECH SOLONICS
PE Ratio Performance Analysis for AARTECH SOLONICS
- AARTECH SOLONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2018 averaged 14.00x.
- AARTECH SOLONICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AARTECH SOLONICS 's p/e ratio peaked in Mar2023 at 38.18x.
- AARTECH SOLONICS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does AARTECH SOLONICS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AARTECH SOLONICS | 2.63 | 89.29 | 234.5 |
SIEMENS LTD | 2,336.00 | 109.58 | 255,969.0 |
ABB INDIA LTD | 1,462.61 | 121.35 | 177,485.0 |
HAVELLS INDIA LTD | 1,270.76 | 89.47 | 113,690.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 871.12 | 114.74 | 99,951.3 |
SUZLON ENERGY LTD | 726.22 | 80.11 | 58,180.6 |
HITACHI ENERGY INDIA LTD | 100.93 | 464.97 | 46,929.4 |
APAR INDUSTRIES LTD | 825.71 | 38.85 | 32,076.2 |
GE T&D INDIA LTD | 99.41 | 320.93 | 31,903.4 |
INOX WIND LTD | -52.52 | -378.89 | 19,899.2 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 213.59 | 97.54 | 20,833.1 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs AARTECH SOLONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -378.89x |
Max industry PE | 464.97x |
Median industry PE | 97.54x |
Average industry PE | 104.36x |
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