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RAIN INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAIN INDUSTRIES is 113.68.

Share Price ₹179.4Apr 22,2024
Market Cap ₹6,031.5 Cr
Earnings-TTM₹53.1 CrTTM-Standalone Results
Price/Earnings113.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAIN INDUSTRIES

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 RAIN INDUSTRIES is calculated as :

Current Market Cap [ ₹6,031.5 Cr] as on Apr 22,2024

(/) Earnings [ ₹53.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 113.68x ]

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

Thus, for RAIN INDUSTRIES , the investors are currently willing to pay 113.68 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 RAIN INDUSTRIES !

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 RAIN INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of RAIN INDUSTRIES


PE Ratio Performance Analysis for RAIN INDUSTRIES

- RAIN INDUSTRIES 's latest p/e ratio is 113.68x.

- RAIN INDUSTRIES 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 162.61x.

- RAIN INDUSTRIES 's operated at median p/e ratio of 155.85x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAIN INDUSTRIES 's p/e ratio peaked in Dec2021 at 258.88x.

- RAIN INDUSTRIES 's p/e ratio hit its five-year low in Dec2019 of 93.58x.


How does RAIN INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Petrochemicals Industry?

Peer Comparison (Petrochemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAIN INDUSTRIES 53.06113.686,031.5
AGARWAL INDUSTRIAL CORPORATION LTD99.5113.761,369.7
VIKAS LIFECARE LTD-11.38-79.55904.9
TAMILNADU PETROPRODUCTS LTD48.9815.74771.1
KOTHARI PETROCHEMICALS LTD61.7712.57776.5
ORICON ENTERPRISES LTD19.1134.95668.1
MULTIBASE INDIA LTD12.1732.81399.2

Petrochemicals Industry Benchmark (Top 10) PE Analysis vs RAIN INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -79.55x
Max industry PE 113.68x
Median industry PE 15.74x
Average industry PE 20.57x



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