AIA ENGINEERING
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The Current P/E Ratio of AIA ENGINEERING is 30.57.
Share Price | ₹3,450.1 | Nov 19,2024 |
Market Cap | ₹32,189.4 Cr | |
Earnings-TTM | ₹1,052.8 Cr | TTM-Consolidated Results |
Price/Earnings | 30.57x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AIA ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹32,189.4 Cr] as on Nov 19,2024
(/) Earnings [ ₹1,052.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.57x ]
Thus, for AIA ENGINEERING , the investors are currently willing to pay 30.57 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 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 Ratio | Market Cap |
---|---|---|---|
AIA ENGINEERING | 1,052.84 | 30.57 | 32,189.4 |
PTC INDUSTRIES LTD | 45.00 | 396.95 | 17,863.1 |
ELECTROSTEEL CASTINGS LTD | 871.82 | 10.21 | 8,901.9 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 270.45 | 35.72 | 9,660.5 |
ALICON CASTALLOY LTD | 73.13 | 25.19 | 1,842.4 |
STEELCAST LTD | 62.35 | 24.34 | 1,517.7 |
NELCAST LTD | 48.37 | 20.09 | 971.8 |
UNI ABEX ALLOY PRODUCTS LTD | 29.54 | 20.14 | 594.9 |
SYNERGY GREEN INDUSTRIES LTD | 12.98 | 46.55 | 604.1 |
NITIN CASTINGS LTD | 13.47 | 26.89 | 362.4 |
INVESTMENT & PRECISION CASTINGS LTD | 5.80 | 69.09 | 400.5 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs AIA ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.21x |
Max industry PE | 396.95x |
Median industry PE | 26.89x |
Average industry PE | 64.16x |
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