AARON INDUSTRIES
|
The Current P/E Ratio of AARON INDUSTRIES is 50.61.
Share Price | ₹347.8 | Dec 20,2024 |
Market Cap | ₹365.2 Cr | |
Earnings-TTM | ₹7.2 Cr | TTM-Standalone Results |
Price/Earnings | 50.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AARON INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹365.2 Cr] as on Dec 20,2024
(/) Earnings [ ₹7.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 50.61x ]
Thus, for AARON INDUSTRIES , the investors are currently willing to pay 50.61 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 AARON 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 AARON INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of AARON INDUSTRIES
PE Ratio Performance Analysis for AARON INDUSTRIES
- AARON INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 29.23x.
- AARON INDUSTRIES 's operated at median p/e ratio of 30.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AARON INDUSTRIES 's p/e ratio peaked in Mar2024 at 43.14x.
- AARON INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 8.43x.
How does AARON INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AARON INDUSTRIES | 7.22 | 50.61 | 365.2 |
RITES LTD | 430.98 | 31.29 | 13,485.7 |
ENGINEERS INDIA LTD | 278.19 | 37.14 | 10,333.2 |
MTAR TECHNOLOGIES LTD | 38.52 | 137.43 | 5,293.7 |
KENNAMETAL INDIA LTD | 118.50 | 59.15 | 7,009.6 |
INOX GREEN ENERGY SERVICES LTD | 29.33 | 210.66 | 6,178.7 |
THEJO ENGINEERING LTD | 54.25 | 42.12 | 2,284.9 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 61.12 | 1,979.3 |
PITTI ENGINEERING LTD | 112.25 | 45.42 | 5,098.5 |
DEEP INDUSTRIES LTD | 144.91 | 25.61 | 3,710.4 |
LOKESH MACHINES LTD | 14.32 | 44.54 | 637.7 |
Engineering Industry Benchmark (Top 10) PE Analysis vs AARON INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.61x |
Max industry PE | 210.66x |
Median industry PE | 45.42x |
Average industry PE | 67.74x |
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