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ALLIANCE INTEGRATED METALIKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ALLIANCE INTEGRATED METALIKS is 4.63.

Share Price ₹52.8Mar 28,2024
Market Cap ₹695.8 Cr
Earnings-TTM₹150.2 CrTTM-Standalone Results
Price/Earnings4.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ALLIANCE INTEGRATED METALIKS

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 ALLIANCE INTEGRATED METALIKS is calculated as :

Current Market Cap [ ₹695.8 Cr] as on Mar 28,2024

(/) Earnings [ ₹150.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 4.63x ]

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

Thus, for ALLIANCE INTEGRATED METALIKS , the investors are currently willing to pay 4.63 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 ALLIANCE INTEGRATED METALIKS !

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 ALLIANCE INTEGRATED METALIKS over the last five years.

Historical PE (Price/Earnings) ratio chart of ALLIANCE INTEGRATED METALIKS


PE Ratio Performance Analysis for ALLIANCE INTEGRATED METALIKS

- ALLIANCE INTEGRATED METALIKS 's latest p/e ratio is 4.63x.

- ALLIANCE INTEGRATED METALIKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.54x.

- ALLIANCE INTEGRATED METALIKS '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, ALLIANCE INTEGRATED METALIKS 's p/e ratio peaked in Mar2023 at 32.71x.

- ALLIANCE INTEGRATED METALIKS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ALLIANCE INTEGRATED METALIKS '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
ALLIANCE INTEGRATED METALIKS 150.174.63695.8
BHARAT ELECTRONICS LTD3,523.8341.79147,255.0
BHARAT HEAVY ELECTRICALS LTD-183.06-470.2186,076.6
THERMAX LTD612.4781.6249,992.0
TRIVENI TURBINE LTD249.2668.4817,068.4
KIRLOSKAR OIL ENGINES LTD370.4133.6212,454.6
ELECON ENGINEERING COMPANY LTD314.3233.9110,657.3
PRAJ INDUSTRIES LTD279.5735.029,791.7
SHRIRAM PISTONS & RINGS LTD413.6020.888,636.6
KIRLOSKAR BROTHERS LTD287.6030.508,772.7
TEGA INDUSTRIES LTD177.4546.608,268.7

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ALLIANCE INTEGRATED METALIKS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -470.21x
Max industry PE 81.62x
Median industry PE 33.91x
Average industry PE -6.65x



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