Home > PE Ratio > AARON INDUSTRIES

AARON INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AARON INDUSTRIES is 50.61.

Share Price ₹347.8Dec 20,2024
Market Cap ₹365.2 Cr
Earnings-TTM₹7.2 CrTTM-Standalone Results
Price/Earnings50.61xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for AARON INDUSTRIES
Please provide your vote to see the results
AARON INDUSTRIES is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of AARON INDUSTRIES

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 AARON INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 50.61x.

- 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 RatioMarket Cap
AARON INDUSTRIES 7.2250.61365.2
RITES LTD430.9831.2913,485.7
ENGINEERS INDIA LTD278.1937.1410,333.2
MTAR TECHNOLOGIES LTD38.52137.435,293.7
KENNAMETAL INDIA LTD118.5059.157,009.6
INOX GREEN ENERGY SERVICES LTD29.33210.666,178.7
THEJO ENGINEERING LTD54.2542.122,284.9
DIVGI TORQTRANSFER SYSTEMS LTD32.3861.121,979.3
PITTI ENGINEERING LTD112.2545.425,098.5
DEEP INDUSTRIES LTD144.9125.613,710.4
LOKESH MACHINES LTD14.3244.54637.7

Engineering Industry Benchmark (Top 10) PE Analysis vs AARON INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.61x
Max industry PE 210.66x
Median industry PE 45.42x
Average industry PE 67.74x



You may also like the below Video Courses