ADOR FONTECH
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The Current P/E Ratio of ADOR FONTECH is 22.29.
| Share Price | ₹140.6 | Apr 23,2024 |
| Market Cap | ₹491.9 Cr | |
| Earnings-TTM | ₹22.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 22.29x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ADOR FONTECH
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)
Current Market Cap [ ₹491.9 Cr] as on Apr 23,2024
(/) Earnings [ ₹22.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.29x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ADOR FONTECH , the investors are currently willing to pay 22.29 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 ADOR FONTECH !
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 ADOR FONTECH over the last five years.
Thus, for ADOR FONTECH , the investors are currently willing to pay 22.29 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 ADOR FONTECH !
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 ADOR FONTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of ADOR FONTECH
PE Ratio Performance Analysis for ADOR FONTECH
- ADOR FONTECH 's latest p/e ratio is 22.29x.
- ADOR FONTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.24x.
- ADOR FONTECH 's operated at median p/e ratio of 11.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR FONTECH 's p/e ratio peaked in Mar2023 at 17.61x.
- ADOR FONTECH 's p/e ratio hit its five-year low in Mar2019 of 8.13x.
- ADOR FONTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.24x.
- ADOR FONTECH 's operated at median p/e ratio of 11.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR FONTECH 's p/e ratio peaked in Mar2023 at 17.61x.
- ADOR FONTECH 's p/e ratio hit its five-year low in Mar2019 of 8.13x.
How does ADOR FONTECH 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
| Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ADOR FONTECH | 22.07 | 22.29 | 491.9 |
| GRAPHITE INDIA LTD | 818.00 | 16.36 | 13,384.2 |
| ESAB INDIA LTD | 160.60 | 48.08 | 7,721.1 |
| HEG LTD | 284.34 | 33.83 | 9,620.1 |
| ADOR WELDING LTD | 67.07 | 29.59 | 1,984.4 |
| DE NORA INDIA LTD | 25.67 | 36.38 | 933.7 |
| GEE LTD | 9.64 | 36.11 | 348.1 |
| PANASONIC CARBON INDIA COMPANY LTD | 16.00 | 15.34 | 245.5 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs ADOR FONTECH 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.34x |
| Max industry PE | 48.08x |
| Median industry PE | 33.83x |
| Average industry PE | 29.75x |
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