AVANTEL
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The Current P/E Ratio of AVANTEL is 51.66.
Share Price | ₹111.6 | Apr 25,2024 |
Market Cap | ₹2,715.0 Cr | |
Earnings-TTM | ₹52.6 Cr | TTM-Consolidated Results |
Price/Earnings | 51.66x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AVANTEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,715.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹52.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 51.66x ]
Thus, for AVANTEL , the investors are currently willing to pay 51.66 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 AVANTEL !
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 AVANTEL over the last five years.
Historical PE (Price/Earnings) ratio chart of AVANTEL
PE Ratio Performance Analysis for AVANTEL
- AVANTEL 's p/e ratio for fiscal years ending Mar2023 to Mar2006 averaged 8.75x.
- AVANTEL 's operated at median p/e ratio of 5.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AVANTEL 's p/e ratio peaked in Mar2023 at 24.63x.
- AVANTEL 's p/e ratio hit its five-year low in Mar2007 of 2.22x.
How does AVANTEL 's P/E Ratio benchmark against top 10 peers in Telecommunication - Equipment Industry?
Peer Comparison (Telecommunication - Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AVANTEL | 52.56 | 51.66 | 2,715.0 |
ITI LTD | -402.98 | -69.96 | 28,192.4 |
BLACK BOX LTD | 118.58 | 34.84 | 4,130.9 |
ADC INDIA COMMUNICATIONS LTD | 12.91 | 43.33 | 559.4 |
VALIANT COMMUNICATIONS LTD | 4.59 | 90.59 | 415.8 |
FROG CELLSAT LTD | 12.11 | 23.81 | 288.3 |
QUADRANT TELEVENTURES LTD | -110.95 | -0.93 | 102.9 |
Telecommunication - Equipment Industry Benchmark (Top 10) PE Analysis vs AVANTEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -69.96x |
Max industry PE | 90.59x |
Median industry PE | 34.84x |
Average industry PE | 24.76x |
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