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AVALON TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AVALON TECHNOLOGIES is 178.40.

Share Price ₹503.1Sep 06,2024
Market Cap ₹3,320.1 Cr
Earnings-TTM₹18.6 CrTTM-Consolidated Results
Price/Earnings178.40xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AVALON TECHNOLOGIES

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 AVALON TECHNOLOGIES is calculated as :

Current Market Cap [ ₹3,320.1 Cr] as on Sep 06,2024

(/) Earnings [ ₹18.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 178.40x ]

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

Thus, for AVALON TECHNOLOGIES , the investors are currently willing to pay 178.40 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 AVALON TECHNOLOGIES !

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 AVALON TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of AVALON TECHNOLOGIES


PE Ratio Performance Analysis for AVALON TECHNOLOGIES

- AVALON TECHNOLOGIES 's latest p/e ratio is 178.40x.

- AVALON TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.17x.

- AVALON TECHNOLOGIES '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, AVALON TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 115.87x.

- AVALON TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does AVALON TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AVALON TECHNOLOGIES 18.61178.403,320.1
KAYNES TECHNOLOGY INDIA LTD209.54143.3230,031.9
SYRMA SGS TECHNOLOGY LTD116.3665.517,622.8
DCX SYSTEMS LTD69.1354.193,745.9
APOLLO MICRO SYSTEMS LTD37.8883.253,153.8
IKIO LIGHTING LTD59.0937.192,197.5
CENTUM ELECTRONICS LTD-8.05-289.972,333.4
WEBSOL ENERGY SYSTEM LTD-95.33-48.334,607.5
SWELECT ENERGY SYSTEMS LTD55.1033.821,863.5
KERNEX MICROSYSTEMS (INDIA) LTD-22.20-64.631,434.7
ICE MAKE REFRIGERATION LTD24.4244.811,094.3

Electronics - Components Industry Benchmark (Top 10) PE Analysis vs AVALON TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -289.97x
Max industry PE 178.40x
Median industry PE 44.81x
Average industry PE 21.60x



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