ADVAIT INFRATECH
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The Current P/E Ratio of ADVAIT INFRATECH is 80.33.
Share Price | ₹1,389.6 | May 17,2024 |
Market Cap | ₹1,417.3 Cr | |
Earnings-TTM | ₹17.6 Cr | TTM-Consolidated Results |
Price/Earnings | 80.33x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADVAIT INFRATECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,417.3 Cr] as on May 17,2024
(/) Earnings [ ₹17.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 80.33x ]
Thus, for ADVAIT INFRATECH , the investors are currently willing to pay 80.33 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 ADVAIT INFRATECH !
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 ADVAIT INFRATECH over the last five years.
Historical PE (Price/Earnings) ratio chart of ADVAIT INFRATECH
PE Ratio Performance Analysis for ADVAIT INFRATECH
- ADVAIT INFRATECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.74x.
- ADVAIT INFRATECH 's operated at median p/e ratio of 2.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADVAIT INFRATECH 's p/e ratio peaked in Mar2023 at 35.05x.
- ADVAIT INFRATECH 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does ADVAIT INFRATECH 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ADVAIT INFRATECH | 17.64 | 80.33 | 1,417.3 |
BHARAT ELECTRONICS LTD | 3,523.83 | 51.49 | 181,429.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -569.88 | 104,323.0 |
THERMAX LTD | 644.01 | 91.41 | 58,869.2 |
TRIVENI TURBINE LTD | 269.31 | 74.56 | 20,078.7 |
KIRLOSKAR OIL ENGINES LTD | 438.37 | 42.60 | 18,673.5 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.77 | 12,837.9 |
PRAJ INDUSTRIES LTD | 279.57 | 34.66 | 9,690.6 |
SHRIRAM PISTONS & RINGS LTD | 438.68 | 20.08 | 8,809.5 |
KIRLOSKAR BROTHERS LTD | 339.60 | 43.21 | 14,674.4 |
TEGA INDUSTRIES LTD | 177.45 | 57.88 | 10,270.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ADVAIT INFRATECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -569.88x |
Max industry PE | 91.41x |
Median industry PE | 43.21x |
Average industry PE | -3.35x |
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