AIONTECH SOLUTIONS
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The Current P/E Ratio of AIONTECH SOLUTIONS is 30.52.
Share Price | ₹70.1 | Nov 22,2024 |
Market Cap | ₹242.6 Cr | |
Earnings-TTM | ₹7.9 Cr | TTM-Consolidated Results |
Price/Earnings | 30.52x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AIONTECH SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹242.6 Cr] as on Nov 22,2024
(/) Earnings [ ₹7.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.52x ]
Thus, for AIONTECH SOLUTIONS , the investors are currently willing to pay 30.52 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 AIONTECH SOLUTIONS !
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 AIONTECH SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of AIONTECH SOLUTIONS
PE Ratio Performance Analysis for AIONTECH SOLUTIONS
- AIONTECH SOLUTIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 175.28x.
- AIONTECH SOLUTIONS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AIONTECH SOLUTIONS 's p/e ratio peaked in Mar2022 at 529.95x.
- AIONTECH SOLUTIONS 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does AIONTECH SOLUTIONS 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AIONTECH SOLUTIONS | 7.95 | 30.52 | 242.6 |
TATA CONSULTANCY SERVICES LTD | 47,659.00 | 32.23 | 1,536,150.0 |
INFOSYS LTD | 26,978.00 | 29.29 | 790,152.0 |
HCL TECHNOLOGIES LTD | 16,842.00 | 30.60 | 515,339.0 |
WIPRO LTD | 11,846.80 | 25.23 | 298,942.0 |
LTIMINDTREE LTD | 4,656.70 | 38.98 | 181,534.0 |
TECH MAHINDRA LTD | 3,295.80 | 51.89 | 171,034.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 40.09 | 100,044.0 |
PERSISTENT SYSTEMS LTD | 1,232.87 | 72.36 | 89,208.8 |
L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 42.79 | 56,147.3 |
TATA ELXSI LTD | 816.88 | 50.21 | 41,013.9 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs AIONTECH SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 25.23x |
Max industry PE | 72.36x |
Median industry PE | 38.98x |
Average industry PE | 40.38x |
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