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AIA ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of AIA ENGINEERING is 32.06.

Share Price ₹3,887.8Apr 24,2024
Market Cap ₹36,661.5 Cr
Earnings-TTM₹1,143.4 CrTTM-Consolidated Results
Price/Earnings32.06xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AIA ENGINEERING

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 AIA ENGINEERING is calculated as :

Current Market Cap [ ₹36,661.5 Cr] as on Apr 24,2024

(/) Earnings [ ₹1,143.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.06x ]

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

Thus, for AIA ENGINEERING , the investors are currently willing to pay 32.06 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 AIA ENGINEERING !

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 AIA ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of AIA ENGINEERING


PE Ratio Performance Analysis for AIA ENGINEERING

- AIA ENGINEERING 's latest p/e ratio is 32.06x.

- AIA ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 27.99x.

- AIA ENGINEERING 's operated at median p/e ratio of 25.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIA ENGINEERING 's p/e ratio peaked in Mar2021 at 34.12x.

- AIA ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 22.08x.


How does AIA ENGINEERING 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AIA ENGINEERING 1,143.4232.0636,661.5
PTC INDUSTRIES LTD36.70295.1210,831.6
ELECTROSTEEL CASTINGS LTD602.5020.8612,570.8
KIRLOSKAR FERROUS INDUSTRIES LTD374.4922.218,319.1
ALICON CASTALLOY LTD50.4529.791,502.8
STEELCAST LTD75.8417.491,326.4
NELCAST LTD53.8324.891,339.8
UNI ABEX ALLOY PRODUCTS LTD38.6013.80532.7
SYNERGY GREEN INDUSTRIES LTD11.7443.17506.8
NITIN CASTINGS LTD10.5131.06326.4
INVESTMENT & PRECISION CASTINGS LTD9.9830.14300.9

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs AIA ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.80x
Max industry PE 295.12x
Median industry PE 29.79x
Average industry PE 50.96x



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