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AJMERA REALTY & INFRA INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of AJMERA REALTY & INFRA INDIA is 32.51.

Share Price ₹817.3Apr 19,2024
Market Cap ₹2,901.4 Cr
Earnings-TTM₹89.2 CrTTM-Consolidated Results
Price/Earnings32.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AJMERA REALTY & INFRA INDIA

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 AJMERA REALTY & INFRA INDIA is calculated as :

Current Market Cap [ ₹2,901.4 Cr] as on Apr 19,2024

(/) Earnings [ ₹89.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.51x ]

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

Thus, for AJMERA REALTY & INFRA INDIA , the investors are currently willing to pay 32.51 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 AJMERA REALTY & INFRA INDIA !

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 AJMERA REALTY & INFRA INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of AJMERA REALTY & INFRA INDIA


PE Ratio Performance Analysis for AJMERA REALTY & INFRA INDIA

- AJMERA REALTY & INFRA INDIA 's latest p/e ratio is 32.51x.

- AJMERA REALTY & INFRA INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.83x.

- AJMERA REALTY & INFRA INDIA 's operated at median p/e ratio of 13.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AJMERA REALTY & INFRA INDIA 's p/e ratio peaked in Mar2022 at 25.68x.

- AJMERA REALTY & INFRA INDIA 's p/e ratio hit its five-year low in Mar2020 of 6.98x.


How does AJMERA REALTY & INFRA INDIA 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AJMERA REALTY & INFRA INDIA 89.2432.512,901.4
DLF LTD1,285.14164.85211,850.0
MACROTECH DEVELOPERS LTD1,648.5670.76116,645.0
GODREJ PROPERTIES LTD640.95108.4669,515.9
OBEROI REALTY LTD1,552.7432.6750,735.2
THE PHOENIX MILLS LTD1,230.7245.3155,769.2
PRESTIGE ESTATES PROJECTS LTD1,903.1025.9249,334.0
BRIGADE ENTERPRISES LTD253.2792.6223,457.8
NBCC (INDIA) LTD386.5757.7422,320.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-251.2717,544.9
SOBHA LTD90.69165.1614,977.6

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs AJMERA REALTY & INFRA INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -251.27x
Max industry PE 165.16x
Median industry PE 57.74x
Average industry PE 49.52x



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