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ARFIN INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARFIN INDIA is 60.42.

Share Price ₹34.9Nov 22,2024
Market Cap ₹588.9 Cr
Earnings-TTM₹9.7 CrTTM-Standalone Results
Price/Earnings60.42xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARFIN INDIA

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 ARFIN INDIA is calculated as :

Current Market Cap [ ₹588.9 Cr] as on Nov 22,2024

(/) Earnings [ ₹9.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 60.42x ]

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

Thus, for ARFIN INDIA , the investors are currently willing to pay 60.42 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 ARFIN INDIA !

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 ARFIN INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ARFIN INDIA


PE Ratio Performance Analysis for ARFIN INDIA

- ARFIN INDIA 's latest p/e ratio is 60.42x.

- ARFIN INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.93x.

- ARFIN INDIA 's operated at median p/e ratio of 2.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ARFIN INDIA 's p/e ratio peaked in Mar2024 at 98.94x.

- ARFIN INDIA 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does ARFIN INDIA 's P/E Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARFIN INDIA 9.7560.42588.9
NATIONAL ALUMINIUM COMPANY LTD3,167.7014.9047,183.1
HARDWYN INDIA LTD13.0291.041,185.5
MAAN ALUMINIUM LTD23.2433.61781.0
MMP INDUSTRIES LTD28.8327.32787.6
PG FOILS LTD29.387.35215.9
MANAKSIA ALUMINIUM COMPANY LTD5.2031.58164.2
CENTURY EXTRUSIONS LTD7.9021.77172.0

Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs ARFIN INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.35x
Max industry PE 91.04x
Median industry PE 31.58x
Average industry PE 36.00x



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