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ALGOQUANT FINTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of ALGOQUANT FINTECH is 85.89.

Share Price ₹1,258.5Dec 11,2024
Market Cap ₹1,006.8 Cr
Earnings-TTM₹11.7 CrTTM-Standalone Results
Price/Earnings85.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ALGOQUANT FINTECH

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 ALGOQUANT FINTECH is calculated as :

Current Market Cap [ ₹1,006.8 Cr] as on Dec 11,2024

(/) Earnings [ ₹11.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 85.89x ]

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

Thus, for ALGOQUANT FINTECH , the investors are currently willing to pay 85.89 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 ALGOQUANT FINTECH !

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 ALGOQUANT FINTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of ALGOQUANT FINTECH


PE Ratio Performance Analysis for ALGOQUANT FINTECH

- ALGOQUANT FINTECH 's latest p/e ratio is 85.89x.

- ALGOQUANT FINTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 42.42x.

- ALGOQUANT FINTECH 's operated at median p/e ratio of 1.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ALGOQUANT FINTECH 's p/e ratio peaked in Mar2024 at 109.34x.

- ALGOQUANT FINTECH 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ALGOQUANT FINTECH 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ALGOQUANT FINTECH 11.7285.891,006.8
BHARAT ELECTRONICS LTD4,498.6551.00229,417.0
BHARAT HEAVY ELECTRICALS LTD168.85523.3988,374.8
THERMAX LTD732.6977.2756,612.4
TRIVENI TURBINE LTD315.5281.9425,854.5
KIRLOSKAR OIL ENGINES LTD515.8232.7216,880.2
ELECON ENGINEERING COMPANY LTD346.7842.5314,747.6
PRAJ INDUSTRIES LTD300.3650.0515,034.1
SHRIRAM PISTONS & RINGS LTD467.2720.739,687.2
KIRLOSKAR BROTHERS LTD391.9046.8618,365.3
TEGA INDUSTRIES LTD164.0366.3810,888.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ALGOQUANT FINTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.73x
Max industry PE 523.39x
Median industry PE 51.00x
Average industry PE 98.07x



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