HINDUSTAN AERONAUTICS
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The Current P/E Ratio of HINDUSTAN AERONAUTICS is 45.03.
| Share Price | ₹3,985.2 | Apr 26,2024 |
| Market Cap | ₹266,530.2 Cr | |
| Earnings-TTM | ₹5,918.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 45.03x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN AERONAUTICS
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)
Current Market Cap [ ₹266,530.2 Cr] as on Apr 26,2024
(/) Earnings [ ₹5,918.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.03x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay 45.03 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 HINDUSTAN AERONAUTICS !
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 HINDUSTAN AERONAUTICS over the last five years.
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay 45.03 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 HINDUSTAN AERONAUTICS !
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 HINDUSTAN AERONAUTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN AERONAUTICS
PE Ratio Performance Analysis for HINDUSTAN AERONAUTICS
- HINDUSTAN AERONAUTICS 's latest p/e ratio is 45.03x.
- HINDUSTAN AERONAUTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.42x.
- HINDUSTAN AERONAUTICS 's operated at median p/e ratio of 10.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/e ratio peaked in Mar2023 at 15.67x.
- HINDUSTAN AERONAUTICS 's p/e ratio hit its five-year low in Mar2020 of 6.18x.
- HINDUSTAN AERONAUTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.42x.
- HINDUSTAN AERONAUTICS 's operated at median p/e ratio of 10.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/e ratio peaked in Mar2023 at 15.67x.
- HINDUSTAN AERONAUTICS 's p/e ratio hit its five-year low in Mar2020 of 6.18x.
How does HINDUSTAN AERONAUTICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?
| Peer Comparison (Defence Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HINDUSTAN AERONAUTICS | 5,918.46 | 45.03 | 266,530.2 |
| BHARAT DYNAMICS LTD | 476.70 | 77.61 | 36,999.0 |
| DATA PATTERNS (INDIA) LTD | 165.95 | 104.88 | 17,404.3 |
| ASTRA MICROWAVE PRODUCTS LTD | 73.32 | 92.01 | 6,745.8 |
| PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 32.37 | 89.20 | 2,887.4 |
| ROSSELL INDIA LTD | 13.20 | 133.54 | 1,762.7 |
Defence Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN AERONAUTICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 45.03x |
| Max industry PE | 133.54x |
| Median industry PE | 92.01x |
| Average industry PE | 90.38x |
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