AXTEL INDUSTRIES
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The Current P/E Ratio of AXTEL INDUSTRIES is 26.16.
| Share Price | ₹399.8 | Mar 02,2026 |
| Market Cap | ₹647.6 Cr | |
| Earnings-TTM | ₹24.8 Cr | TTM-Standalone Results |
| Price/Earnings | 26.16x | 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 [ ₹647.6 Cr] as on Mar 02,2026
(/) Earnings [ ₹24.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 26.16x ]
Thus, for AXTEL INDUSTRIES , the investors are currently willing to pay 26.16 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 Mar2025 to Mar2021 averaged 30.23x.
- 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 Mar2023 of 22.43x.
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 | 24.75 | 26.16 | 647.6 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 120.05 | 91,247.5 |
| THERMAX LTD | 681.12 | 54.29 | 36,977.8 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 51.51 | 18,255.2 |
| TRIVENI TURBINE LTD | 343.10 | 43.26 | 14,840.8 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 32.01 | 12,179.7 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 19.03 | 9,107.3 |
| PRAJ INDUSTRIES LTD | 52.05 | 107.58 | 5,599.9 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 38.73 | 20,492.1 |
| TEGA INDUSTRIES LTD | 195.99 | 67.21 | 13,171.8 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.46 | 13,557.7 |
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 | 19.03x |
| Max industry PE | 120.05x |
| Median industry PE | 43.26x |
| Average industry PE | 53.12x |
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