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ALGOQUANT FINTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of ALGOQUANT FINTECH is -946.27.

Share Price ₹1,244.4Apr 29,2024
Market Cap ₹995.5 Cr
Earnings-TTM₹-1.1 CrTTM-Standalone Results
Price/Earnings-946.27xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ALGOQUANT FINTECH

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 ALGOQUANT FINTECH is calculated as :

Current Market Cap [ ₹995.5 Cr] as on Apr 29,2024

(/) Earnings [ ₹-1.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -946.27x ]

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

Thus, for ALGOQUANT FINTECH , the investors are currently willing to pay -946.27 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 latest p/e ratio is -946.27x.

- 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 RatioMarket Cap
ALGOQUANT FINTECH -1.05-946.27995.5
BHARAT ELECTRONICS LTD3,523.8348.84172,109.0
BHARAT HEAVY ELECTRICALS LTD-183.06-526.5196,383.5
THERMAX LTD612.4786.6353,057.3
TRIVENI TURBINE LTD249.2668.7417,133.6
KIRLOSKAR OIL ENGINES LTD370.4139.4614,615.8
ELECON ENGINEERING COMPANY LTD349.1837.3213,029.8
PRAJ INDUSTRIES LTD279.5735.9610,052.7
SHRIRAM PISTONS & RINGS LTD413.6021.949,072.9
KIRLOSKAR BROTHERS LTD287.6035.9210,329.9
TEGA INDUSTRIES LTD177.4555.389,827.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ALGOQUANT FINTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -946.27x
Max industry PE 86.63x
Median industry PE 37.32x
Average industry PE -94.78x



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