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ARFIN INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARFIN INDIA is 101.56.

Share Price ₹52.0Apr 18,2024
Market Cap ₹876.7 Cr
Earnings-TTM₹8.6 CrTTM-Standalone Results
Price/Earnings101.56xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARFIN INDIA

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 ARFIN INDIA is calculated as :

Current Market Cap [ ₹876.7 Cr] as on Apr 18,2024

(/) Earnings [ ₹8.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 101.56x ]

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

Thus, for ARFIN INDIA , the investors are currently willing to pay 101.56 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 ARFIN INDIA !

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 ARFIN INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ARFIN INDIA


PE Ratio Performance Analysis for ARFIN INDIA

- ARFIN INDIA 's latest p/e ratio is 101.56x.

- ARFIN INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.01x.

- ARFIN INDIA 's operated at median p/e ratio of 2.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARFIN INDIA 's p/e ratio peaked in Mar2023 at 30.87x.

- ARFIN INDIA 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does ARFIN INDIA 's P/E Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARFIN INDIA 8.63101.56876.7
NATIONAL ALUMINIUM COMPANY LTD1,566.0021.2733,307.3
HARDWYN INDIA LTD8.01138.431,109.1
MAAN ALUMINIUM LTD39.9320.78829.7
MMP INDUSTRIES LTD23.0230.41700.1
PG FOILS LTD9.5522.68216.6
MANAKSIA ALUMINIUM COMPANY LTD6.9824.94174.0
CENTURY EXTRUSIONS LTD6.7823.16157.0

Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs ARFIN INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.78x
Max industry PE 138.43x
Median industry PE 24.94x
Average industry PE 47.90x



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