Home > PE Ratio > AIRAN

AIRAN
PE (Price/Earnings) Ratio

The Current P/E Ratio of AIRAN is 26.10.

Share Price ₹22.9Mar 28,2024
Market Cap ₹286.3 Cr
Earnings-TTM₹11.0 CrTTM-Consolidated Results
Price/Earnings26.10xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for AIRAN
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of AIRAN

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 AIRAN is calculated as :

Current Market Cap [ ₹286.3 Cr] as on Mar 28,2024

(/) Earnings [ ₹11.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 26.10x ]

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

Thus, for AIRAN , the investors are currently willing to pay 26.10 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 AIRAN !

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 AIRAN over the last five years.

Historical PE (Price/Earnings) ratio chart of AIRAN


PE Ratio Performance Analysis for AIRAN

- AIRAN 's latest p/e ratio is 26.10x.

- AIRAN 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 27.53x.

- AIRAN 's operated at median p/e ratio of 23.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIRAN 's p/e ratio peaked in Mar2019 at 45.97x.

- AIRAN 's p/e ratio hit its five-year low in Mar2023 of 16.81x.


How does AIRAN 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AIRAN 10.9726.10286.3
TATA CONSULTANCY SERVICES LTD45,033.0031.201,405,100.0
INFOSYS LTD24,407.0025.49622,132.0
HCL TECHNOLOGIES LTD15,696.0026.68418,800.0
WIPRO LTD11,350.1022.10250,833.0
LTIMINDTREE LTD4,598.0031.79146,191.0
TECH MAHINDRA LTD2,858.5042.73122,134.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,138.5435.5375,976.8
PERSISTENT SYSTEMS LTD1,029.6859.6861,454.4
L&T TECHNOLOGY SERVICES LTD1,275.7045.4357,955.8
TATA ELXSI LTD796.8260.8048,448.6

IT - Software Industry Benchmark (Top 10) PE Analysis vs AIRAN 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.10x
Max industry PE 60.80x
Median industry PE 31.79x
Average industry PE 37.05x



You may also like the below Video Courses