AIONTECH SOLUTIONS
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The Current P/E Ratio of AIONTECH SOLUTIONS is -201.70.
Share Price | ₹125.8 | May 14,2024 |
Market Cap | ₹435.3 Cr | |
Earnings-TTM | ₹-2.2 Cr | TTM-Consolidated Results |
Price/Earnings | -201.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AIONTECH SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹435.3 Cr] as on May 14,2024
(/) Earnings [ ₹-2.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -201.70x ]
Thus, for AIONTECH SOLUTIONS , the investors are currently willing to pay -201.70 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 AIONTECH SOLUTIONS !
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 AIONTECH SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of AIONTECH SOLUTIONS
PE Ratio Performance Analysis for AIONTECH SOLUTIONS
- AIONTECH SOLUTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 175.28x.
- AIONTECH SOLUTIONS '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, AIONTECH SOLUTIONS 's p/e ratio peaked in Mar2022 at 529.95x.
- AIONTECH SOLUTIONS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does AIONTECH SOLUTIONS 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AIONTECH SOLUTIONS | -2.16 | -201.70 | 435.3 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.62 | 1,411,760.0 |
INFOSYS LTD | 26,248.00 | 22.54 | 591,530.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 22.81 | 358,421.0 |
WIPRO LTD | 11,135.40 | 21.42 | 238,559.0 |
LTIMINDTREE LTD | 4,584.60 | 29.95 | 137,291.0 |
TECH MAHINDRA LTD | 2,386.30 | 52.22 | 124,602.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 30.58 | 67,868.7 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 48.26 | 52,772.1 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 36.29 | 47,399.4 |
TATA ELXSI LTD | 792.24 | 55.70 | 44,127.2 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs AIONTECH SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -201.70x |
Max industry PE | 55.70x |
Median industry PE | 30.58x |
Average industry PE | 13.52x |
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