AIRAN
|
The Current P/E Ratio of AIRAN is 30.13.
Share Price | ₹26.4 | Apr 30,2024 |
Market Cap | ₹330.5 Cr | |
Earnings-TTM | ₹11.0 Cr | TTM-Consolidated Results |
Price/Earnings | 30.13x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AIRAN
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AIRAN | 10.97 | 30.13 | 330.5 |
TATA CONSULTANCY SERVICES LTD | 46,099.00 | 30.00 | 1,383,050.0 |
INFOSYS LTD | 26,248.00 | 22.47 | 589,880.0 |
HCL TECHNOLOGIES LTD | 15,710.00 | 23.62 | 371,107.0 |
WIPRO LTD | 11,135.40 | 21.69 | 241,571.0 |
LTIMINDTREE LTD | 4,584.60 | 30.40 | 139,388.0 |
TECH MAHINDRA LTD | 2,386.30 | 51.66 | 123,268.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,219.36 | 29.66 | 65,826.1 |
PERSISTENT SYSTEMS LTD | 1,093.49 | 47.48 | 51,915.6 |
L&T TECHNOLOGY SERVICES LTD | 1,306.20 | 37.55 | 49,050.8 |
TATA ELXSI LTD | 792.24 | 55.40 | 43,890.9 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs AIRAN 's P/E Ratio
Top 10 Industry Peers | PE 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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