ARFIN INDIA
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The Current P/E Ratio of ARFIN INDIA is 101.56.
Share Price | ₹52.0 | Apr 18,2024 |
Market Cap | ₹876.7 Cr | |
Earnings-TTM | ₹8.6 Cr | TTM-Standalone Results |
Price/Earnings | 101.56x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ARFIN INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ARFIN INDIA | 8.63 | 101.56 | 876.7 |
NATIONAL ALUMINIUM COMPANY LTD | 1,566.00 | 21.27 | 33,307.3 |
HARDWYN INDIA LTD | 8.01 | 138.43 | 1,109.1 |
MAAN ALUMINIUM LTD | 39.93 | 20.78 | 829.7 |
MMP INDUSTRIES LTD | 23.02 | 30.41 | 700.1 |
PG FOILS LTD | 9.55 | 22.68 | 216.6 |
MANAKSIA ALUMINIUM COMPANY LTD | 6.98 | 24.94 | 174.0 |
CENTURY EXTRUSIONS LTD | 6.78 | 23.16 | 157.0 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs ARFIN INDIA 's P/E Ratio
Top 10 Industry Peers | PE 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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