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AXTEL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AXTEL INDUSTRIES is 32.42.

Share Price ₹498.3Dec 11,2024
Market Cap ₹807.2 Cr
Earnings-TTM₹24.9 CrTTM-Standalone Results
Price/Earnings32.42xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AXTEL INDUSTRIES

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 AXTEL INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 32.42x.

- 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 RatioMarket Cap
AXTEL INDUSTRIES 24.9032.42807.2
BHARAT ELECTRONICS LTD4,498.6551.00229,417.0
BHARAT HEAVY ELECTRICALS LTD168.85523.3988,374.8
THERMAX LTD732.6977.2756,612.4
TRIVENI TURBINE LTD315.5281.9425,854.5
KIRLOSKAR OIL ENGINES LTD515.8232.7216,880.2
ELECON ENGINEERING COMPANY LTD346.7842.5314,747.6
PRAJ INDUSTRIES LTD300.3650.0515,034.1
SHRIRAM PISTONS & RINGS LTD467.2720.739,687.2
KIRLOSKAR BROTHERS LTD391.9046.8618,365.3
TEGA INDUSTRIES LTD164.0366.3810,888.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs AXTEL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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