ASTRA MICROWAVE PRODUCTS
|
The Current P/E Ratio of ASTRA MICROWAVE PRODUCTS is 58.62.
Share Price | ₹748.2 | Nov 22,2024 |
Market Cap | ₹7,099.9 Cr | |
Earnings-TTM | ₹121.1 Cr | TTM-Consolidated Results |
Price/Earnings | 58.62x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASTRA MICROWAVE PRODUCTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ASTRA MICROWAVE PRODUCTS | 121.12 | 58.62 | 7,099.9 |
HINDUSTAN AERONAUTICS LTD | 8,481.30 | 32.41 | 274,910.0 |
BHARAT DYNAMICS LTD | 553.56 | 61.96 | 34,297.4 |
DATA PATTERNS (INDIA) LTD | 185.14 | 69.06 | 12,786.2 |
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 42.25 | 93.11 | 3,933.9 |
ROSSELL INDIA LTD | 13.87 | 20.82 | 288.8 |
Defence Industry Benchmark (Top 10) PE Analysis vs ASTRA MICROWAVE PRODUCTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.82x |
Max industry PE | 93.11x |
Median industry PE | 61.96x |
Average industry PE | 56.00x |
You may also like the below Video Courses