Valuation · at the close on 16 Oct 2026

Avanceon Limited (AVN) valuation

At Rs 27.24 (close on 16 Oct 2026) AVN trades at 52.0× earnings (TTM to Jun 2026), above its five-year average of 18.1× and above the Technology & Communication median of 14.2×. The shares are priced at 0.80× book value (sector median 1.83×). Enterprise value of Rs 14.0 bn is 12.0× EBITDA. The dividend yield is 3.7%, against a five-year average of 1.1%.

P/E · today

52.0×

TTM to Jun 2026

5-yr average18.1× Sector median14.2×

P/B · today

0.80×

Quarter to Jun 2026

5-yr average1.85× Sector median1.83×

EV/EBITDA · today

12.0×

5-yr average10.5× Sector median9.0×

Dividend yield · today

3.7%

FY2025

5-yr average1.1% Payers' median2.2%

Market value Rs 11.7 bn at Rs 27.24. Sector medians use the latest close of 21 Technology & Communication companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

AVN valuation history (annual) (Rs bn)

Rs bn	FY2025 Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 Jan – Dec 2008
Market capitalisation	18.4	25.6	21.6	21.4	23.4	19.7	7.2	11.3	4.6	3.7	4.3	3.6	—	—	—	—	—	—
Enterprise value	21.5	27.4	22.7	21.5	22.9	19.7	7.6	11.5	4.7	3.7	4.2	3.4	—	—	—	—	—	—
Share price (period end) Rs	43.66	61.69	52.13	52.20	57.63	48.93	17.99	28.29	11.84	9.54	11.17	9.27	—	—	—	—	—	—
P/E (diluted)	28.56×	12.34×	8.70×	25.86×	15.07×	18.82×	8.10×	14.70×	8.60×	11.80×	17.83×	8.68×	—	—	—	—	—	—
Price to book	1.24×	1.83×	1.73×	2.18×	2.69×	3.50×	1.61×	3.28×	1.67×	1.68×	2.09×	1.78×	—	—	—	—	—	—
Price to sales	1.16×	1.53×	1.23×	2.29×	3.34×	3.05×	1.51×	3.24×	1.72×	1.90×	2.64×	1.92×	—	—	—	—	—	—
EV / EBITDA	13.87×	14.39×	5.43×	10.93×	16.07×	15.49×	8.56×	23.17×	7.70×	8.04×	12.72×	7.08×	—	—	—	—	—	—
EV / Sales	1.35×	1.70×	1.28×	2.26×	3.22×	3.05×	1.56×	3.29×	1.66×	1.81×	2.59×	1.78×	—	—	—	—	—	—
Dividend yield (gross)	0.0%	2.9%	0.0%	1.2%	0.9%	0.0%	0.0%	2.7%	2.3%	5.7%	5.5%	5.6%	—	—	—	—	—	—
Free cash flow yield	(6.4%)	0.9%	(4.0%)	0.2%	(0.5%)	3.4%	(1.6%)	0.5%	2.6%	(0.8%)	3.9%	(2.2%)	—	—	—	—	—	—
PEG ratio	(0.41×)	(0.75×)	0.04×	(0.55×)	0.32×	1.10×	0.53×	0.37×	0.12×	0.41×	(0.43×)	(0.44×)	—	—	—	—	—	—
P/E (diluted, normalised)	28.56×	12.34×	8.70×	25.86×	15.07×	18.82×	8.10×	14.70×	8.60×	11.80×	17.83×	8.68×	—	—	—	—	—	—
Price to book — 5-year average	1.85×	2.21×	2.27×	2.59×	2.64×	2.50×	2.08×	2.19×	—	—	—	—	—	—	—	—	—	—
EV / EBITDA — 5-year average	10.52×	10.62×	9.70×	13.75×	14.15×	12.65×	11.37×	11.55×	—	—	—	—	—	—	—	—	—	—
Dividend yield — 5-year average	1.1%	1.1%	0.5%	0.9%	1.0%	1.4%	2.8%	3.9%	—	—	—	—	—	—	—	—	—	—

AVN valuation: frequently asked questions

What is AVN's P/E ratio? +

At the closing price of Rs 27.24 on 16 Oct 2026, AVN trades at a P/E of 52.0× based on EPS of Rs 0.52 (TTM to Jun 2026).

What is AVN's book value per share? +

Avanceon Limited's book value per share was Rs 35.33 at the end of FY2025. The shares trade at 0.80× book value.

Information only, not investment advice.