ALLIANCE INTEGRATED METALIKS
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The Current P/E Ratio of ALLIANCE INTEGRATED METALIKS is 6.71.
Share Price | ₹12.4 | Nov 12,2024 |
Market Cap | ₹489.0 Cr | |
Earnings-TTM | ₹72.8 Cr | TTM-Standalone Results |
Price/Earnings | 6.71x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ALLIANCE INTEGRATED METALIKS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹489.0 Cr] as on Nov 12,2024
(/) Earnings [ ₹72.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 6.71x ]
Thus, for ALLIANCE INTEGRATED METALIKS , the investors are currently willing to pay 6.71 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 ALLIANCE INTEGRATED METALIKS !
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 ALLIANCE INTEGRATED METALIKS over the last five years.
Historical PE (Price/Earnings) ratio chart of ALLIANCE INTEGRATED METALIKS
PE Ratio Performance Analysis for ALLIANCE INTEGRATED METALIKS
- ALLIANCE INTEGRATED METALIKS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.90x.
- ALLIANCE INTEGRATED METALIKS '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, ALLIANCE INTEGRATED METALIKS 's p/e ratio peaked in Mar2023 at 10.9x.
- ALLIANCE INTEGRATED METALIKS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ALLIANCE INTEGRATED METALIKS 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ALLIANCE INTEGRATED METALIKS | 72.84 | 6.71 | 489.0 |
BHARAT ELECTRONICS LTD | 4,498.65 | 47.16 | 212,166.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 474.62 | 80,139.7 |
THERMAX LTD | 693.51 | 87.78 | 60,875.8 |
TRIVENI TURBINE LTD | 315.52 | 65.16 | 20,558.7 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 32.04 | 16,526.1 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 36.08 | 12,512.5 |
PRAJ INDUSTRIES LTD | 300.36 | 42.64 | 12,807.2 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 19.52 | 9,119.4 |
KIRLOSKAR BROTHERS LTD | 391.90 | 40.79 | 15,984.2 |
TEGA INDUSTRIES LTD | 204.49 | 68.51 | 14,008.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ALLIANCE INTEGRATED METALIKS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 6.71x |
Max industry PE | 474.62x |
Median industry PE | 42.64x |
Average industry PE | 83.73x |
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