ALICON CASTALLOY
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The Current P/E Ratio of ALICON CASTALLOY is 29.77.
Share Price | ₹932.7 | Apr 24,2024 |
Market Cap | ₹1,501.6 Cr | |
Earnings-TTM | ₹50.4 Cr | TTM-Consolidated Results |
Price/Earnings | 29.77x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ALICON CASTALLOY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,501.6 Cr] as on Apr 24,2024
(/) Earnings [ ₹50.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.77x ]
Thus, for ALICON CASTALLOY , the investors are currently willing to pay 29.77 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 ALICON CASTALLOY !
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 ALICON CASTALLOY over the last five years.
Historical PE (Price/Earnings) ratio chart of ALICON CASTALLOY
PE Ratio Performance Analysis for ALICON CASTALLOY
- ALICON CASTALLOY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.89x.
- ALICON CASTALLOY 's operated at median p/e ratio of 15.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ALICON CASTALLOY 's p/e ratio peaked in Mar2022 at 43.95x.
- ALICON CASTALLOY 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ALICON CASTALLOY 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ALICON CASTALLOY | 50.45 | 29.77 | 1,501.6 |
AIA ENGINEERING LTD | 1,143.42 | 32.07 | 36,669.4 |
PTC INDUSTRIES LTD | 36.70 | 295.12 | 10,831.6 |
ELECTROSTEEL CASTINGS LTD | 602.50 | 20.86 | 12,570.8 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 374.49 | 22.21 | 8,319.1 |
STEELCAST LTD | 75.84 | 17.49 | 1,326.4 |
NELCAST LTD | 53.83 | 24.89 | 1,339.8 |
UNI ABEX ALLOY PRODUCTS LTD | 38.60 | 13.80 | 532.7 |
SYNERGY GREEN INDUSTRIES LTD | 11.74 | 43.17 | 506.8 |
NITIN CASTINGS LTD | 10.51 | 31.06 | 326.4 |
INVESTMENT & PRECISION CASTINGS LTD | 9.98 | 30.14 | 300.9 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs ALICON CASTALLOY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.80x |
Max industry PE | 295.12x |
Median industry PE | 29.77x |
Average industry PE | 50.96x |
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