AXTEL INDUSTRIES
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The Current P/E Ratio of AXTEL INDUSTRIES is 24.62.
| Share Price | ₹473.6 | May 21,2026 |
| Market Cap | ₹767.2 Cr | |
| Earnings-TTM | ₹31.2 Cr | TTM-Standalone Results |
| Price/Earnings | 24.62x | 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 [ ₹767.2 Cr] as on May 21,2026
(/) Earnings [ ₹31.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.62x ]
Thus, for AXTEL INDUSTRIES , the investors are currently willing to pay 24.62 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 | 31.16 | 24.62 | 767.2 |
| BHARAT HEAVY ELECTRICALS LTD | 1,539.21 | 92.37 | 142,173.0 |
| THERMAX LTD | 720.67 | 75.50 | 54,409.8 |
| KIRLOSKAR OIL ENGINES LTD | 557.72 | 43.66 | 24,350.4 |
| TRIVENI TURBINE LTD | 350.70 | 64.02 | 22,452.9 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 42.95 | 15,221.4 |
| INOX INDIA LTD | 257.89 | 51.55 | 13,294.1 |
| AZAD ENGINEERING LTD | 133.56 | 97.91 | 13,076.8 |
| TEGA INDUSTRIES LTD | 195.99 | 60.60 | 11,876.6 |
| ELECON ENGINEERING COMPANY LTD | 340.54 | 33.24 | 11,321.0 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 76.47 | 90.10 | 6,889.8 |
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 | 24.62x |
| Max industry PE | 97.91x |
| Median industry PE | 60.60x |
| Average industry PE | 61.50x |
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