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AIRAN
PE (Price/Earnings) Ratio

The Current P/E Ratio of AIRAN is 13.48.

Share Price ₹30.4Jan 29,2025
Market Cap ₹380.0 Cr
Earnings-TTM₹28.2 CrTTM-Consolidated Results
Price/Earnings13.48xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AIRAN

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 AIRAN is calculated as :

Current Market Cap [ ₹380.0 Cr] as on Jan 29,2025

(/) Earnings [ ₹28.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.48x ]

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

Thus, for AIRAN , the investors are currently willing to pay 13.48 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 AIRAN !

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 AIRAN over the last five years.

Historical PE (Price/Earnings) ratio chart of AIRAN


PE Ratio Performance Analysis for AIRAN

- AIRAN 's latest p/e ratio is 13.48x.

- AIRAN 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.90x.

- AIRAN 's operated at median p/e ratio of 22.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIRAN 's p/e ratio peaked in Mar2021 at 33.78x.

- AIRAN 's p/e ratio hit its five-year low in Mar2023 of 16.81x.


How does AIRAN 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AIRAN 28.2013.48380.0
TATA CONSULTANCY SERVICES LTD49,006.0030.241,482,100.0
INFOSYS LTD27,687.0028.21780,981.0
HCL TECHNOLOGIES LTD17,085.0027.31466,574.0
WIPRO LTD12,512.0026.13326,980.0
LTIMINDTREE LTD4,574.1038.09174,237.0
TECH MAHINDRA LTD3,759.1043.75164,454.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,295.8236.0782,815.0
PERSISTENT SYSTEMS LTD1,319.7273.3696,808.1
L&T TECHNOLOGY SERVICES LTD1,294.8043.6456,511.1
TATA ELXSI LTD809.4547.5138,455.4

IT - Software Industry Benchmark (Top 10) PE Analysis vs AIRAN 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.48x
Max industry PE 73.36x
Median industry PE 36.07x
Average industry PE 37.07x



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