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ARIHANT SUPERSTRUCTURES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARIHANT SUPERSTRUCTURES is 31.07.

Share Price ₹358.2Apr 19,2024
Market Cap ₹1,475.8 Cr
Earnings-TTM₹47.5 CrTTM-Consolidated Results
Price/Earnings31.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARIHANT SUPERSTRUCTURES

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 SUPERSTRUCTURES is calculated as :

Current Market Cap [ ₹1,475.8 Cr] as on Apr 19,2024

(/) Earnings [ ₹47.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.07x ]

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

Thus, for ARIHANT SUPERSTRUCTURES , the investors are currently willing to pay 31.07 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 SUPERSTRUCTURES !

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 SUPERSTRUCTURES over the last five years.

Historical PE (Price/Earnings) ratio chart of ARIHANT SUPERSTRUCTURES


PE Ratio Performance Analysis for ARIHANT SUPERSTRUCTURES

- ARIHANT SUPERSTRUCTURES 's latest p/e ratio is 31.07x.

- ARIHANT SUPERSTRUCTURES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.09x.

- ARIHANT SUPERSTRUCTURES 's operated at median p/e ratio of 16.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARIHANT SUPERSTRUCTURES 's p/e ratio peaked in Mar2023 at 26.09x.

- ARIHANT SUPERSTRUCTURES 's p/e ratio hit its five-year low in Mar2021 of 13.02x.


How does ARIHANT SUPERSTRUCTURES '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 SUPERSTRUCTURES 47.5031.071,475.8
DLF LTD1,285.14164.85211,850.0
MACROTECH DEVELOPERS LTD1,648.5670.76116,645.0
GODREJ PROPERTIES LTD640.95108.4669,515.9
OBEROI REALTY LTD1,552.7432.6750,735.2
THE PHOENIX MILLS LTD1,230.7245.3155,769.2
PRESTIGE ESTATES PROJECTS LTD1,903.1025.9249,334.0
BRIGADE ENTERPRISES LTD253.2792.6223,457.8
NBCC (INDIA) LTD386.5757.7422,320.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-251.2717,544.9
SOBHA LTD90.69165.1614,977.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -251.27x
Max industry PE 165.16x
Median industry PE 57.74x
Average industry PE 49.39x



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