ARIHANT FOUNDATIONS & HOUSING
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The Current P/E Ratio of ARIHANT FOUNDATIONS & HOUSING is 8.37.
Share Price | ₹153.0 | May 18,2024 |
Market Cap | ₹131.6 Cr | |
Earnings-TTM | ₹15.7 Cr | TTM-Consolidated Results |
Price/Earnings | 8.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ARIHANT FOUNDATIONS & HOUSING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹131.6 Cr] as on May 18,2024
(/) Earnings [ ₹15.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 8.37x ]
Thus, for ARIHANT FOUNDATIONS & HOUSING , the investors are currently willing to pay 8.37 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 ARIHANT FOUNDATIONS & HOUSING !
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 ARIHANT FOUNDATIONS & HOUSING over the last five years.
Historical PE (Price/Earnings) ratio chart of ARIHANT FOUNDATIONS & HOUSING
PE Ratio Performance Analysis for ARIHANT FOUNDATIONS & HOUSING
- ARIHANT FOUNDATIONS & HOUSING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.67x.
- ARIHANT FOUNDATIONS & HOUSING '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, ARIHANT FOUNDATIONS & HOUSING 's p/e ratio peaked in Mar2023 at 3.33x.
- ARIHANT FOUNDATIONS & HOUSING 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ARIHANT FOUNDATIONS & HOUSING 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?
Peer Comparison (Construction - Real Estate Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ARIHANT FOUNDATIONS & HOUSING | 15.72 | 8.37 | 131.6 |
DLF LTD | 1,630.40 | 129.24 | 210,711.0 |
MACROTECH DEVELOPERS LTD | 1,567.10 | 76.53 | 119,932.0 |
GODREJ PROPERTIES LTD | 719.32 | 110.32 | 79,353.0 |
OBEROI REALTY LTD | 1,917.75 | 32.96 | 63,210.4 |
THE PHOENIX MILLS LTD | 1,326.32 | 42.01 | 55,722.3 |
PRESTIGE ESTATES PROJECTS LTD | 1,903.10 | 33.62 | 63,989.6 |
BRIGADE ENTERPRISES LTD | 253.27 | 108.91 | 27,582.9 |
NBCC (INDIA) LTD | 386.57 | 66.96 | 25,884.0 |
SIGNATUREGLOBAL (INDIA) LTD | 16.32 | 1,123.12 | 18,333.8 |
SOBHA LTD | 49.12 | 353.38 | 17,356.8 |
Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs ARIHANT FOUNDATIONS & HOUSING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.37x |
Max industry PE | 1,123.12x |
Median industry PE | 76.53x |
Average industry PE | 189.58x |
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