RAIN INDUSTRIES
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The Current P/E Ratio of RAIN INDUSTRIES is 113.68.
Share Price | ₹179.4 | Apr 22,2024 |
Market Cap | ₹6,031.5 Cr | |
Earnings-TTM | ₹53.1 Cr | TTM-Standalone Results |
Price/Earnings | 113.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAIN INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
RAIN INDUSTRIES | 53.06 | 113.68 | 6,031.5 |
AGARWAL INDUSTRIAL CORPORATION LTD | 99.51 | 13.76 | 1,369.7 |
VIKAS LIFECARE LTD | -11.38 | -79.55 | 904.9 |
TAMILNADU PETROPRODUCTS LTD | 48.98 | 15.74 | 771.1 |
KOTHARI PETROCHEMICALS LTD | 61.77 | 12.57 | 776.5 |
ORICON ENTERPRISES LTD | 19.11 | 34.95 | 668.1 |
MULTIBASE INDIA LTD | 12.17 | 32.81 | 399.2 |
Petrochemicals Industry Benchmark (Top 10) PE Analysis vs RAIN INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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