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ARIHANT FOUNDATIONS & HOUSING
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARIHANT FOUNDATIONS & HOUSING is 8.37.

Share Price ₹153.0May 18,2024
Market Cap ₹131.6 Cr
Earnings-TTM₹15.7 CrTTM-Consolidated Results
Price/Earnings8.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARIHANT FOUNDATIONS & HOUSING

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 ARIHANT FOUNDATIONS & HOUSING is calculated as :

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 ]

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

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 latest p/e ratio is 8.37x.

- 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 RatioMarket Cap
ARIHANT FOUNDATIONS & HOUSING 15.728.37131.6
DLF LTD1,630.40129.24210,711.0
MACROTECH DEVELOPERS LTD1,567.1076.53119,932.0
GODREJ PROPERTIES LTD719.32110.3279,353.0
OBEROI REALTY LTD1,917.7532.9663,210.4
THE PHOENIX MILLS LTD1,326.3242.0155,722.3
PRESTIGE ESTATES PROJECTS LTD1,903.1033.6263,989.6
BRIGADE ENTERPRISES LTD253.27108.9127,582.9
NBCC (INDIA) LTD386.5766.9625,884.0
SIGNATUREGLOBAL (INDIA) LTD16.321,123.1218,333.8
SOBHA LTD49.12353.3817,356.8

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs ARIHANT FOUNDATIONS & HOUSING 's P/E Ratio

Top 10 Industry PeersPE 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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