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MANAKSIA ALUMINIUM COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANAKSIA ALUMINIUM COMPANY is 24.88.

Share Price ₹26.5Apr 24,2024
Market Cap ₹173.6 Cr
Earnings-TTM₹7.0 CrTTM-Standalone Results
Price/Earnings24.88xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANAKSIA ALUMINIUM COMPANY

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)

Applying the above formula, P/E ratio of MANAKSIA ALUMINIUM COMPANY is calculated as :

Current Market Cap [ ₹173.6 Cr] as on Apr 24,2024

(/) Earnings [ ₹7.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 24.88x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for MANAKSIA ALUMINIUM COMPANY , the investors are currently willing to pay 24.88 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 MANAKSIA ALUMINIUM COMPANY !

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 MANAKSIA ALUMINIUM COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of MANAKSIA ALUMINIUM COMPANY


PE Ratio Performance Analysis for MANAKSIA ALUMINIUM COMPANY

- MANAKSIA ALUMINIUM COMPANY 's latest p/e ratio is 24.88x.

- MANAKSIA ALUMINIUM COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.05x.

- MANAKSIA ALUMINIUM COMPANY 's operated at median p/e ratio of 6.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANAKSIA ALUMINIUM COMPANY 's p/e ratio peaked in Mar2022 at 21.05x.

- MANAKSIA ALUMINIUM COMPANY 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MANAKSIA ALUMINIUM COMPANY 's P/E Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MANAKSIA ALUMINIUM COMPANY 6.9824.88173.6
NATIONAL ALUMINIUM COMPANY LTD1,566.0022.0434,510.3
HARDWYN INDIA LTD8.01134.201,075.3
ARFIN INDIA LTD8.63101.63877.4
MAAN ALUMINIUM LTD39.9320.58821.8
MMP INDUSTRIES LTD23.0232.95758.5
PG FOILS LTD9.5522.69216.7
CENTURY EXTRUSIONS LTD6.7822.55152.9

Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs MANAKSIA ALUMINIUM COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.58x
Max industry PE 134.20x
Median industry PE 24.88x
Average industry PE 47.69x



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