AXTEL INDUSTRIES
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The Current P/E Ratio of AXTEL INDUSTRIES is 32.42.
Share Price | ₹498.3 | Dec 11,2024 |
Market Cap | ₹807.2 Cr | |
Earnings-TTM | ₹24.9 Cr | TTM-Standalone Results |
Price/Earnings | 32.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AXTEL INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹807.2 Cr] as on Dec 11,2024
(/) Earnings [ ₹24.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 32.42x ]
Thus, for AXTEL INDUSTRIES , the investors are currently willing to pay 32.42 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 AXTEL INDUSTRIES !
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 AXTEL INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of AXTEL INDUSTRIES
PE Ratio Performance Analysis for AXTEL INDUSTRIES
- AXTEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 24.69x.
- AXTEL INDUSTRIES 's operated at median p/e ratio of 23.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AXTEL INDUSTRIES 's p/e ratio peaked in Mar2024 at 31.99x.
- AXTEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 13.96x.
How does AXTEL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AXTEL INDUSTRIES | 24.90 | 32.42 | 807.2 |
BHARAT ELECTRONICS LTD | 4,498.65 | 51.00 | 229,417.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 523.39 | 88,374.8 |
THERMAX LTD | 732.69 | 77.27 | 56,612.4 |
TRIVENI TURBINE LTD | 315.52 | 81.94 | 25,854.5 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 32.72 | 16,880.2 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 42.53 | 14,747.6 |
PRAJ INDUSTRIES LTD | 300.36 | 50.05 | 15,034.1 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 20.73 | 9,687.2 |
KIRLOSKAR BROTHERS LTD | 391.90 | 46.86 | 18,365.3 |
TEGA INDUSTRIES LTD | 164.03 | 66.38 | 10,888.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs AXTEL INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.73x |
Max industry PE | 523.39x |
Median industry PE | 50.05x |
Average industry PE | 93.21x |
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