RADHIKA JEWELTECH
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The Current P/E Ratio of RADHIKA JEWELTECH is 17.40.
Share Price | ₹64.0 | Apr 24,2024 |
Market Cap | ₹755.6 Cr | |
Earnings-TTM | ₹43.4 Cr | TTM-Standalone Results |
Price/Earnings | 17.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RADHIKA JEWELTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹755.6 Cr] as on Apr 24,2024
(/) Earnings [ ₹43.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 17.40x ]
Thus, for RADHIKA JEWELTECH , the investors are currently willing to pay 17.40 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 RADHIKA JEWELTECH !
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 RADHIKA JEWELTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of RADHIKA JEWELTECH
PE Ratio Performance Analysis for RADHIKA JEWELTECH
- RADHIKA JEWELTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.97x.
- RADHIKA JEWELTECH 's operated at median p/e ratio of 3.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RADHIKA JEWELTECH 's p/e ratio peaked in Mar2019 at 4.91x.
- RADHIKA JEWELTECH 's p/e ratio hit its five-year low in Mar2021 of 1.57x.
How does RADHIKA JEWELTECH 's P/E Ratio benchmark against top 10 peers in Diamond & Jewellery Industry?
Peer Comparison (Diamond & Jewellery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RADHIKA JEWELTECH | 43.42 | 17.40 | 755.6 |
TITAN COMPANY LTD | 3,460.00 | 92.56 | 320,273.0 |
KALYAN JEWELLERS INDIA LTD | 528.59 | 82.15 | 43,421.9 |
RAJESH EXPORTS LTD | 733.11 | 12.77 | 9,359.7 |
SENCO GOLD LTD | 252.29 | 29.58 | 7,463.9 |
THANGAMAYIL JEWELLERY LTD | 126.03 | 28.89 | 3,641.2 |
PC JEWELLER LTD | -810.14 | -3.10 | 2,514.1 |
GOLDIAM INTERNATIONAL LTD | 89.36 | 20.79 | 1,857.7 |
DP ABHUSHAN LTD | 50.15 | 45.09 | 2,261.2 |
ASIAN STAR COMPANY LTD | 76.16 | 16.94 | 1,290.5 |
RENAISSANCE GLOBAL LTD | 72.30 | 15.17 | 1,096.5 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RADHIKA JEWELTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -3.10x |
Max industry PE | 92.56x |
Median industry PE | 20.79x |
Average industry PE | 32.57x |
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