AXTEL INDUSTRIES
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The Current P/E Ratio of AXTEL INDUSTRIES is 24.61.
| Share Price | ₹377.1 | Nov 11,2026 |
| Market Cap | ₹610.9 Cr | |
| Earnings-TTM | ₹24.8 Cr | TTM-Standalone Results |
| Price/Earnings | 24.61x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹610.9 Cr] as on Nov 11,2026
(/) Earnings [ ₹24.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.61x ]
Thus, for AXTEL INDUSTRIES , the investors are currently willing to pay 24.61 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 Mar2026 to Mar2022 averaged 29.28x.
- AXTEL INDUSTRIES 's operated at median p/e ratio of 31.25x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXTEL INDUSTRIES 's p/e ratio peaked in Mar2025 at 41.67x.
- AXTEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2026 of 19.08x.
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 | 24.82 | 24.61 | 610.9 |
| BHARAT HEAVY ELECTRICALS LTD | 2,815.58 | 53.31 | 150,112.0 |
| THERMAX LTD | 584.41 | 55.58 | 32,483.8 |
| KIRLOSKAR OIL ENGINES LTD | 505.72 | 46.99 | 23,764.3 |
| TRIVENI TURBINE LTD | 337.30 | 48.48 | 16,353.1 |
| JYOTI CNC AUTOMATION LTD | 308.80 | 77.29 | 23,865.8 |
| INOX INDIA LTD | 260.57 | 68.08 | 17,738.9 |
| AZAD ENGINEERING LTD | 137.61 | 116.04 | 15,967.8 |
| TEGA INDUSTRIES LTD | -111.38 | -113.81 | 12,676.1 |
| ELECON ENGINEERING COMPANY LTD | 244.69 | 39.42 | 9,644.7 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 115.03 | 56.27 | 6,472.5 |
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 | -113.81x |
| Max industry PE | 116.04x |
| Median industry PE | 53.31x |
| Average industry PE | 42.93x |
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