Home > PE Ratio > ALANKIT

ALANKIT
PE (Price/Earnings) Ratio

The Current P/E Ratio of ALANKIT is 23.50.

Share Price ₹18.3Apr 26,2024
Market Cap ₹496.3 Cr
Earnings-TTM₹21.1 CrTTM-Consolidated Results
Price/Earnings23.50xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ALANKIT
Please provide your vote to see the results
ALANKIT is part of below Screeners ↓
Top Undervalued Small Cap Stocks
Best 1M Momentum Small Cap Stocks

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

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 ALANKIT is calculated as :

Current Market Cap [ ₹496.3 Cr] as on Apr 26,2024

(/) Earnings [ ₹21.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.50x ]

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

Thus, for ALANKIT , the investors are currently willing to pay 23.50 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 ALANKIT !

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 ALANKIT over the last five years.

Historical PE (Price/Earnings) ratio chart of ALANKIT


PE Ratio Performance Analysis for ALANKIT

- ALANKIT 's latest p/e ratio is 23.50x.

- ALANKIT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 29.31x.

- ALANKIT 's operated at median p/e ratio of 22.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ALANKIT 's p/e ratio peaked in Mar2022 at 80.22x.

- ALANKIT 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ALANKIT 's P/E Ratio benchmark against top 10 peers in Finance - Stock Broking Industry?

Peer Comparison (Finance - Stock Broking Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ALANKIT 21.1223.50496.3
MOTILAL OSWAL FINANCIAL SERVICES LTD2,445.6115.8538,751.6
ICICI SECURITIES LTD1,696.6913.9023,588.9
ANGEL ONE LTD1,125.5522.5425,374.9
MULTI COMMODITY EXCHANGE OF INDIA LTD84.63251.1221,252.6
SHARE INDIA SECURITIES LTD416.9015.676,532.4
CHOICE INTERNATIONAL LTD121.7353.276,484.8
DHANI SERVICES LTD-486.57-6.383,104.2
MONARCH NETWORTH CAPITAL LTD97.1120.581,998.6
GEOJIT FINANCIAL SERVICES LTD122.1318.172,219.0
5PAISA CAPITAL LTD54.4430.831,678.4

Finance - Stock Broking Industry Benchmark (Top 10) PE Analysis vs ALANKIT 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -6.38x
Max industry PE 251.12x
Median industry PE 20.58x
Average industry PE 41.73x



You may also like the below Video Courses