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AXTEL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AXTEL INDUSTRIES is 27.03.

Share Price ₹632.4Apr 29,2024
Market Cap ₹1,024.5 Cr
Earnings-TTM₹37.9 CrTTM-Standalone Results
Price/Earnings27.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AXTEL INDUSTRIES

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 AXTEL INDUSTRIES is calculated as :

Current Market Cap [ ₹1,024.5 Cr] as on Apr 29,2024

(/) Earnings [ ₹37.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 27.03x ]

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

Thus, for AXTEL INDUSTRIES , the investors are currently willing to pay 27.03 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 AXTEL INDUSTRIES !

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 AXTEL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of AXTEL INDUSTRIES


PE Ratio Performance Analysis for AXTEL INDUSTRIES

- AXTEL INDUSTRIES 's latest p/e ratio is 27.03x.

- AXTEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.45x.

- AXTEL INDUSTRIES 's operated at median p/e ratio of 22.43x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AXTEL INDUSTRIES 's p/e ratio peaked in Mar2022 at 31.25x.

- AXTEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 13.96x.


How does AXTEL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AXTEL INDUSTRIES 37.9127.031,024.5
BHARAT ELECTRONICS LTD3,523.8348.84172,109.0
BHARAT HEAVY ELECTRICALS LTD-183.06-526.5196,383.5
THERMAX LTD612.4786.6353,057.3
TRIVENI TURBINE LTD249.2668.7417,133.6
KIRLOSKAR OIL ENGINES LTD370.4139.4614,615.8
ELECON ENGINEERING COMPANY LTD349.1837.3213,029.8
PRAJ INDUSTRIES LTD279.5735.9610,052.7
SHRIRAM PISTONS & RINGS LTD413.6021.949,072.9
KIRLOSKAR BROTHERS LTD287.6035.9210,329.9
TEGA INDUSTRIES LTD177.4555.389,827.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs AXTEL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -526.51x
Max industry PE 86.63x
Median industry PE 37.32x
Average industry PE -6.30x



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