AXTEL INDUSTRIES
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The Current P/E Ratio of AXTEL INDUSTRIES is 27.03.
Share Price | ₹632.4 | Apr 29,2024 |
Market Cap | ₹1,024.5 Cr | |
Earnings-TTM | ₹37.9 Cr | TTM-Standalone Results |
Price/Earnings | 27.03x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AXTEL INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AXTEL INDUSTRIES | 37.91 | 27.03 | 1,024.5 |
BHARAT ELECTRONICS LTD | 3,523.83 | 48.84 | 172,109.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -526.51 | 96,383.5 |
THERMAX LTD | 612.47 | 86.63 | 53,057.3 |
TRIVENI TURBINE LTD | 249.26 | 68.74 | 17,133.6 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 39.46 | 14,615.8 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 37.32 | 13,029.8 |
PRAJ INDUSTRIES LTD | 279.57 | 35.96 | 10,052.7 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.94 | 9,072.9 |
KIRLOSKAR BROTHERS LTD | 287.60 | 35.92 | 10,329.9 |
TEGA INDUSTRIES LTD | 177.45 | 55.38 | 9,827.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs AXTEL INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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