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AIA ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of AIA ENGINEERING is 30.20.

Share Price ₹3,407.4Nov 21,2024
Market Cap ₹31,791.0 Cr
Earnings-TTM₹1,052.8 CrTTM-Consolidated Results
Price/Earnings30.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AIA ENGINEERING

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 AIA ENGINEERING is calculated as :

Current Market Cap [ ₹31,791.0 Cr] as on Nov 21,2024

(/) Earnings [ ₹1,052.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 30.20x ]

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

Thus, for AIA ENGINEERING , the investors are currently willing to pay 30.20 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 AIA ENGINEERING !

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 AIA ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of AIA ENGINEERING


PE Ratio Performance Analysis for AIA ENGINEERING

- AIA ENGINEERING 's latest p/e ratio is 30.20x.

- AIA ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 27.88x.

- AIA ENGINEERING 's operated at median p/e ratio of 25.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIA ENGINEERING 's p/e ratio peaked in Mar2021 at 34.12x.

- AIA ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 22.08x.


How does AIA ENGINEERING 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AIA ENGINEERING 1,052.8430.2031,791.0
PTC INDUSTRIES LTD45.00396.9517,863.1
ELECTROSTEEL CASTINGS LTD871.8210.218,901.9
KIRLOSKAR FERROUS INDUSTRIES LTD270.4535.729,660.5
ALICON CASTALLOY LTD73.1325.191,842.4
STEELCAST LTD62.3524.331,517.0
NELCAST LTD48.3720.09971.8
UNI ABEX ALLOY PRODUCTS LTD29.5419.92588.4
SYNERGY GREEN INDUSTRIES LTD12.9845.14585.9
NITIN CASTINGS LTD13.4726.89362.4
INVESTMENT & PRECISION CASTINGS LTD5.8069.09400.5

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs AIA ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.21x
Max industry PE 396.95x
Median industry PE 26.89x
Average industry PE 63.98x



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