AIRAN
|
The Current P/E Ratio of AIRAN is 13.39.
| Share Price | ₹30.2 | Nov 19,2024 |
| Market Cap | ₹377.6 Cr | |
| Earnings-TTM | ₹28.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 13.39x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹377.6 Cr] as on Nov 19,2024
(/) Earnings [ ₹28.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.39x ]
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 13.39 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.
Thus, for AIRAN , the investors are currently willing to pay 13.39 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 13.39x.
- 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.
- 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 Ratio | Market Cap |
|---|---|---|---|
| AIRAN | 28.20 | 13.39 | 377.6 |
| TATA CONSULTANCY SERVICES LTD | 47,659.00 | 30.66 | 1,461,450.0 |
| INFOSYS LTD | 26,978.00 | 28.10 | 758,013.0 |
| HCL TECHNOLOGIES LTD | 16,842.00 | 29.33 | 493,941.0 |
| WIPRO LTD | 11,846.80 | 24.80 | 293,842.0 |
| LTIMINDTREE LTD | 4,656.70 | 37.38 | 174,055.0 |
| TECH MAHINDRA LTD | 3,295.80 | 50.45 | 166,287.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 2,495.33 | 38.81 | 96,841.7 |
| PERSISTENT SYSTEMS LTD | 1,232.87 | 71.27 | 87,870.1 |
| L&T TECHNOLOGY SERVICES LTD | 1,312.10 | 41.40 | 54,325.2 |
| TATA ELXSI LTD | 816.88 | 49.93 | 40,788.1 |
IT - Software Industry Benchmark (Top 10) PE Analysis vs AIRAN 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 13.39x |
| Max industry PE | 71.27x |
| Median industry PE | 37.38x |
| Average industry PE | 37.78x |
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