AETHER.NS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	232.02B EUR	178.79B EUR	145.22B EUR	114.11B EUR
Enterprise Value	234.48B EUR	178.79B EUR	149.74B EUR	114.11B EUR
Valuation Multiples
Trailing P/E	98.43x	76.02x	66.17x	68.97x
Forward P/E	59.13x	--	--	--
Price to Sales	18.86x	14.61x	12.58x	13.44x
Price to Book	9.44x	--	5.91x	--
EV/Revenue	19.06x	14.61x	12.98x	13.44x
EV/EBITDA	61.03x	43.43x	38.95x	39.27x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	--	--	--	-1.41%