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AVANTEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of AVANTEL is 60.42.

Share Price ₹145.9Nov 21,2024
Market Cap ₹3,549.7 Cr
Earnings-TTM₹58.8 CrTTM-Consolidated Results
Price/Earnings60.42xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AVANTEL

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 AVANTEL is calculated as :

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 ]

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

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 latest p/e ratio is 60.42x.

- 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 RatioMarket Cap
AVANTEL 58.7560.423,549.7
ITI LTD-501.82-53.0626,626.2
BLACK BOX LTD169.1158.539,898.8
ADC INDIA COMMUNICATIONS LTD29.0027.95810.6
VALIANT COMMUNICATIONS LTD9.8039.97391.6
FROG CELLSAT LTD15.5632.40504.0
QUADRANT TELEVENTURES LTD-121.90-0.8299.8

Telecommunication - Equipment Industry Benchmark (Top 10) PE Analysis vs AVANTEL 's P/E Ratio

Top 10 Industry PeersPE 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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