ARFIN INDIA
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The Current P/E Ratio of ARFIN INDIA is 60.42.
Share Price | ₹34.9 | Nov 22,2024 |
Market Cap | ₹588.9 Cr | |
Earnings-TTM | ₹9.7 Cr | TTM-Standalone Results |
Price/Earnings | 60.42x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ARFIN INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ARFIN INDIA | 9.75 | 60.42 | 588.9 |
NATIONAL ALUMINIUM COMPANY LTD | 3,167.70 | 14.90 | 47,183.1 |
HARDWYN INDIA LTD | 13.02 | 91.04 | 1,185.5 |
MAAN ALUMINIUM LTD | 23.24 | 33.61 | 781.0 |
MMP INDUSTRIES LTD | 28.83 | 27.32 | 787.6 |
PG FOILS LTD | 29.38 | 7.35 | 215.9 |
MANAKSIA ALUMINIUM COMPANY LTD | 5.20 | 31.58 | 164.2 |
CENTURY EXTRUSIONS LTD | 7.90 | 21.77 | 172.0 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs ARFIN INDIA 's P/E Ratio
Top 10 Industry Peers | PE 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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