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RACL GEARTECH
PE (Price/Earnings) Ratio

The Current P/E Ratio of RACL GEARTECH is 34.63.

Share Price ₹1,299.9May 07,2024
Market Cap ₹1,403.8 Cr
Earnings-TTM₹40.5 CrTTM-Consolidated Results
Price/Earnings34.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RACL GEARTECH

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 RACL GEARTECH is calculated as :

Current Market Cap [ ₹1,403.8 Cr] as on May 07,2024

(/) Earnings [ ₹40.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 34.63x ]

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

Thus, for RACL GEARTECH , the investors are currently willing to pay 34.63 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 RACL GEARTECH !

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 RACL GEARTECH over the last five years.

Historical PE (Price/Earnings) ratio chart of RACL GEARTECH


PE Ratio Performance Analysis for RACL GEARTECH

- RACL GEARTECH 's latest p/e ratio is 34.63x.

- RACL GEARTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.31x.

- RACL GEARTECH 's operated at median p/e ratio of 11.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RACL GEARTECH 's p/e ratio peaked in Mar2022 at 28.41x.

- RACL GEARTECH 's p/e ratio hit its five-year low in Mar2020 of 3.44x.


How does RACL GEARTECH 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RACL GEARTECH 40.5434.631,403.8
BOSCH LTD2,324.7037.5587,287.6
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9839.7584,976.3
SONA BLW PRECISION FORGINGS LTD517.7869.5836,026.3
UNO MINDA LTD665.4462.0341,280.3
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4662.2825,376.3
ENDURANCE TECHNOLOGIES LTD606.8044.0826,750.6
JBM AUTO LTD183.64118.7521,806.5
TVS HOLDINGS LTD1,761.1811.2219,766.4
MINDA CORPORATION LTD279.6034.469,636.1
CRAFTSMAN AUTOMATION LTD336.4826.989,079.4

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs RACL GEARTECH 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.22x
Max industry PE 118.75x
Median industry PE 39.75x
Average industry PE 49.21x



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