ALGOQUANT FINTECH
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The Current P/E Ratio of ALGOQUANT FINTECH is -932.43.
Share Price | ₹1,226.2 | Apr 25,2024 |
Market Cap | ₹980.9 Cr | |
Earnings-TTM | ₹-1.1 Cr | TTM-Standalone Results |
Price/Earnings | -932.43x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ALGOQUANT FINTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹980.9 Cr] as on Apr 25,2024
(/) Earnings [ ₹-1.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -932.43x ]
Thus, for ALGOQUANT FINTECH , the investors are currently willing to pay -932.43 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 ALGOQUANT FINTECH !
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 ALGOQUANT FINTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of ALGOQUANT FINTECH
PE Ratio Performance Analysis for ALGOQUANT FINTECH
- ALGOQUANT FINTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 20.56x.
- ALGOQUANT FINTECH 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ALGOQUANT FINTECH 's p/e ratio peaked in Mar2022 at 101.53x.
- ALGOQUANT FINTECH 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ALGOQUANT FINTECH 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ALGOQUANT FINTECH | -1.05 | -932.43 | 980.9 |
BHARAT ELECTRONICS LTD | 3,523.83 | 49.31 | 173,753.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -516.62 | 94,572.8 |
THERMAX LTD | 612.47 | 83.77 | 51,308.1 |
TRIVENI TURBINE LTD | 249.26 | 67.73 | 16,882.4 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 37.33 | 13,827.7 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.69 | 12,811.0 |
PRAJ INDUSTRIES LTD | 279.57 | 34.05 | 9,518.8 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.89 | 9,052.0 |
KIRLOSKAR BROTHERS LTD | 287.60 | 36.73 | 10,563.4 |
TEGA INDUSTRIES LTD | 177.45 | 57.04 | 10,121.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ALGOQUANT FINTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -932.43x |
Max industry PE | 83.77x |
Median industry PE | 36.73x |
Average industry PE | -93.14x |
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