ALANKIT
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The Current P/E Ratio of ALANKIT is 23.50.
Share Price | ₹18.3 | Apr 26,2024 |
Market Cap | ₹496.3 Cr | |
Earnings-TTM | ₹21.1 Cr | TTM-Consolidated Results |
Price/Earnings | 23.50x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ALANKIT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ALANKIT | 21.12 | 23.50 | 496.3 |
MOTILAL OSWAL FINANCIAL SERVICES LTD | 2,445.61 | 15.85 | 38,751.6 |
ICICI SECURITIES LTD | 1,696.69 | 13.90 | 23,588.9 |
ANGEL ONE LTD | 1,125.55 | 22.54 | 25,374.9 |
MULTI COMMODITY EXCHANGE OF INDIA LTD | 84.63 | 251.12 | 21,252.6 |
SHARE INDIA SECURITIES LTD | 416.90 | 15.67 | 6,532.4 |
CHOICE INTERNATIONAL LTD | 121.73 | 53.27 | 6,484.8 |
DHANI SERVICES LTD | -486.57 | -6.38 | 3,104.2 |
MONARCH NETWORTH CAPITAL LTD | 97.11 | 20.58 | 1,998.6 |
GEOJIT FINANCIAL SERVICES LTD | 122.13 | 18.17 | 2,219.0 |
5PAISA CAPITAL LTD | 54.44 | 30.83 | 1,678.4 |
Finance - Stock Broking Industry Benchmark (Top 10) PE Analysis vs ALANKIT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -6.38x |
Max industry PE | 251.12x |
Median industry PE | 20.58x |
Average industry PE | 41.73x |
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