HINDUSTAN AERONAUTICS
|
The Current P/E Ratio of HINDUSTAN AERONAUTICS is 31.99.
| Share Price | ₹4,057.0 | Nov 19,2024 |
| Market Cap | ₹271,332.2 Cr | |
| Earnings-TTM | ₹8,481.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 31.99x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN AERONAUTICS
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)
Current Market Cap [ ₹271,332.2 Cr] as on Nov 19,2024
(/) Earnings [ ₹8,481.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.99x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay 31.99 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 HINDUSTAN AERONAUTICS !
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 HINDUSTAN AERONAUTICS over the last five years.
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay 31.99 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 HINDUSTAN AERONAUTICS !
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 HINDUSTAN AERONAUTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN AERONAUTICS
PE Ratio Performance Analysis for HINDUSTAN AERONAUTICS
- HINDUSTAN AERONAUTICS 's latest p/e ratio is 31.99x.
- HINDUSTAN AERONAUTICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.03x.
- HINDUSTAN AERONAUTICS 's operated at median p/e ratio of 9.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/e ratio peaked in Mar2024 at 29.2x.
- HINDUSTAN AERONAUTICS 's p/e ratio hit its five-year low in Mar2020 of 3.09x.
- HINDUSTAN AERONAUTICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.03x.
- HINDUSTAN AERONAUTICS 's operated at median p/e ratio of 9.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/e ratio peaked in Mar2024 at 29.2x.
- HINDUSTAN AERONAUTICS 's p/e ratio hit its five-year low in Mar2020 of 3.09x.
How does HINDUSTAN AERONAUTICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?
| Peer Comparison (Defence Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| HINDUSTAN AERONAUTICS | 8,481.30 | 31.99 | 271,332.2 |
| BHARAT DYNAMICS LTD | 553.56 | 63.97 | 35,411.8 |
| DATA PATTERNS (INDIA) LTD | 185.14 | 69.32 | 12,833.2 |
| ASTRA MICROWAVE PRODUCTS LTD | 121.12 | 59.30 | 7,182.6 |
| PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 42.25 | 93.26 | 3,940.3 |
| ROSSELL INDIA LTD | 13.87 | 21.67 | 300.6 |
Defence Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN AERONAUTICS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 21.67x |
| Max industry PE | 93.26x |
| Median industry PE | 63.97x |
| Average industry PE | 56.59x |
You may also like the below Video Courses
