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AIRAN
PE (Price/Earnings) Ratio

The Current P/E Ratio of AIRAN is 30.13.

Share Price ₹26.4Apr 30,2024
Market Cap ₹330.5 Cr
Earnings-TTM₹11.0 CrTTM-Consolidated Results
Price/Earnings30.13xCalculated as Market Cap/Earnings
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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 [ ₹330.5 Cr] as on Apr 30,2024

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

(=) P/E Ratio [ 30.13x ]

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 30.13 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 30.13x.

- 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 10.9730.13330.5
TATA CONSULTANCY SERVICES LTD46,099.0030.001,383,050.0
INFOSYS LTD26,248.0022.47589,880.0
HCL TECHNOLOGIES LTD15,710.0023.62371,107.0
WIPRO LTD11,135.4021.69241,571.0
LTIMINDTREE LTD4,584.6030.40139,388.0
TECH MAHINDRA LTD2,386.3051.66123,268.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3629.6665,826.1
PERSISTENT SYSTEMS LTD1,093.4947.4851,915.6
L&T TECHNOLOGY SERVICES LTD1,306.2037.5549,050.8
TATA ELXSI LTD792.2455.4043,890.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 21.69x
Max industry PE 55.40x
Median industry PE 30.13x
Average industry PE 34.55x



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