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ASTRA MICROWAVE PRODUCTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASTRA MICROWAVE PRODUCTS is 58.62.

Share Price ₹748.2Nov 22,2024
Market Cap ₹7,099.9 Cr
Earnings-TTM₹121.1 CrTTM-Consolidated Results
Price/Earnings58.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASTRA MICROWAVE PRODUCTS

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 ASTRA MICROWAVE PRODUCTS is calculated as :

Current Market Cap [ ₹7,099.9 Cr] as on Nov 22,2024

(/) Earnings [ ₹121.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 58.62x ]

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

Thus, for ASTRA MICROWAVE PRODUCTS , the investors are currently willing to pay 58.62 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 ASTRA MICROWAVE PRODUCTS !

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 ASTRA MICROWAVE PRODUCTS over the last five years.

Historical PE (Price/Earnings) ratio chart of ASTRA MICROWAVE PRODUCTS


PE Ratio Performance Analysis for ASTRA MICROWAVE PRODUCTS

- ASTRA MICROWAVE PRODUCTS 's latest p/e ratio is 58.62x.

- ASTRA MICROWAVE PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 35.01x.

- ASTRA MICROWAVE PRODUCTS 's operated at median p/e ratio of 38.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASTRA MICROWAVE PRODUCTS 's p/e ratio peaked in Mar2022 at 51.36x.

- ASTRA MICROWAVE PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 10.23x.


How does ASTRA MICROWAVE PRODUCTS 's P/E Ratio benchmark against top 10 peers in Defence Industry?

Peer Comparison (Defence Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASTRA MICROWAVE PRODUCTS 121.1258.627,099.9
HINDUSTAN AERONAUTICS LTD8,481.3032.41274,910.0
BHARAT DYNAMICS LTD553.5661.9634,297.4
DATA PATTERNS (INDIA) LTD185.1469.0612,786.2
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD42.2593.113,933.9
ROSSELL INDIA LTD13.8720.82288.8

Defence Industry Benchmark (Top 10) PE Analysis vs ASTRA MICROWAVE PRODUCTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.82x
Max industry PE 93.11x
Median industry PE 61.96x
Average industry PE 56.00x



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