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AIRO LAM
PE (Price/Earnings) Ratio

The Current P/E Ratio of AIRO LAM is 72.91.

Share Price ₹115.9Nov 21,2024
Market Cap ₹173.9 Cr
Earnings-TTM₹2.4 CrTTM-Consolidated Results
Price/Earnings72.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AIRO LAM

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 AIRO LAM is calculated as :

Current Market Cap [ ₹173.9 Cr] as on Nov 21,2024

(/) Earnings [ ₹2.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 72.91x ]

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

Thus, for AIRO LAM , the investors are currently willing to pay 72.91 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 AIRO LAM !

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 AIRO LAM over the last five years.

Historical PE (Price/Earnings) ratio chart of AIRO LAM


PE Ratio Performance Analysis for AIRO LAM

- AIRO LAM 's latest p/e ratio is 72.91x.

- AIRO LAM 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.17x.

- AIRO LAM 's operated at median p/e ratio of 13.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AIRO LAM 's p/e ratio peaked in Mar2024 at 29.36x.

- AIRO LAM 's p/e ratio hit its five-year low in Mar2020 of 4.96x.


How does AIRO LAM 's P/E Ratio benchmark against top 10 peers in Laminates/Decoratives Industry?

Peer Comparison (Laminates/Decoratives Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AIRO LAM 2.3972.91173.9
GREENLAM INDUSTRIES LTD120.3854.316,538.2
STYLAM INDUSTRIES LTD131.3829.253,842.8
RUSHIL DECOR LTD44.2719.60867.7
THE WESTERN INDIAN PLYWOODS LTD2.9851.99154.9

Laminates/Decoratives Industry Benchmark (Top 10) PE Analysis vs AIRO LAM 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.60x
Max industry PE 72.91x
Median industry PE 51.99x
Average industry PE 45.61x



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