Start with its own history
At 15.91×, ARE&M.BO is 21.6% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
15.91×
21.6% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 15.91 for every 1 of reported earnings per share.
Annual period-end data · 22 observations
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2026 | 13.74× | -30.1% |
| Mar 31, 2025 | 19.66× | +26.3% |
| Mar 31, 2024 | 15.57× | +7.4% |
| Mar 31, 2023 | 14.50× | -18.9% |
| Mar 31, 2022 | 17.87× | -20.7% |
| Mar 31, 2021 | 22.55× | +82.5% |
| Mar 31, 2020 | 12.36× | -51.6% |
| Mar 31, 2019 | 25.51× | -13.2% |
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2018 | 29.38× | -7.5% |
| Mar 31, 2017 | 31.78× | +4.2% |
| Mar 31, 2016 | 30.49× | -12.0% |
| Mar 31, 2015 | 34.64× | +88.9% |
| Mar 31, 2014 | 18.34× | +9.2% |
| Mar 31, 2013 | 16.80× | +44.3% |
| Mar 31, 2012 | 11.64× | +6.3% |
| Mar 31, 2011 | 10.94× | +30.4% |
| Mar 31, 2010 | 8.39× | +115.7% |
| Mar 31, 2009 | 3.89× | -67.0% |
| Mar 31, 2008 | 11.79× | +42.9% |
| Mar 31, 2007 | 8.25× | -26.0% |
| Mar 31, 2006 | 11.16× | -16.3% |
| Mar 31, 2005 | 13.33× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
ARE&M.BO This stockAmara Raja Energy & Mobility Limited | 15.91× |
EXIDEIND.NSExide Industries Limited | 30.32× |
HIGHENE.BOHigh Energy Batteries Ltd. | 36.21× |
HBLENGINE.BOHBL Engineering Limited | 27.30× |
PANAENERG.BOPanasonic Energy India Co. Ltd. | 39.28× |
NIPPOBATRY.NSIndo National Limited | N/M |
EXICOM.NSExicom Tele-Systems Limited | N/M |
PROSTARM.NSProstarm Info Systems Ltd. | 18.80× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 15.91×, ARE&M.BO is 21.6% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 5 positive peer ratios above is 30.32×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("AREM.BO", "PE Ratio", "LQ")Share price 687.2 ÷ EPS 43.2 = 15.91×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 23, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Amara Raja Energy & Mobility Limited's current P/E is 15.91× based on the quote data last updated Oct 23, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.