AVANTEL
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The Current P/E Ratio of AVANTEL is 60.42.
Share Price | ₹145.9 | Nov 21,2024 |
Market Cap | ₹3,549.7 Cr | |
Earnings-TTM | ₹58.8 Cr | TTM-Consolidated Results |
Price/Earnings | 60.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AVANTEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,549.7 Cr] as on Nov 21,2024
(/) Earnings [ ₹58.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 60.42x ]
Thus, for AVANTEL , 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 AVANTEL !
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 AVANTEL over the last five years.
Historical PE (Price/Earnings) ratio chart of AVANTEL
PE Ratio Performance Analysis for AVANTEL
- AVANTEL 's p/e ratio for fiscal years ending Mar2024 to Mar2007 averaged 11.66x.
- AVANTEL 's operated at median p/e ratio of 2.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AVANTEL 's p/e ratio peaked in Mar2024 at 46.15x.
- AVANTEL 's p/e ratio hit its five-year low in Mar2023 of 1.64x.
How does AVANTEL 's P/E Ratio benchmark against top 10 peers in Telecommunication - Equipment Industry?
Peer Comparison (Telecommunication - Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AVANTEL | 58.75 | 60.42 | 3,549.7 |
ITI LTD | -501.82 | -53.06 | 26,626.2 |
BLACK BOX LTD | 169.11 | 58.53 | 9,898.8 |
ADC INDIA COMMUNICATIONS LTD | 29.00 | 27.95 | 810.6 |
VALIANT COMMUNICATIONS LTD | 9.80 | 39.97 | 391.6 |
FROG CELLSAT LTD | 15.56 | 32.40 | 504.0 |
QUADRANT TELEVENTURES LTD | -121.90 | -0.82 | 99.8 |
Telecommunication - Equipment Industry Benchmark (Top 10) PE Analysis vs AVANTEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.06x |
Max industry PE | 60.42x |
Median industry PE | 32.40x |
Average industry PE | 23.63x |
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