Home > PE Ratio > RAJAPALAYAM MILLS

RAJAPALAYAM MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAJAPALAYAM MILLS is 123.29.

Share Price ₹924.7Apr 19,2024
Market Cap ₹850.7 Cr
Earnings-TTM₹6.9 CrTTM-Consolidated Results
Price/Earnings123.29xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RAJAPALAYAM MILLS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of RAJAPALAYAM MILLS

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 RAJAPALAYAM MILLS is calculated as :

Current Market Cap [ ₹850.7 Cr] as on Apr 19,2024

(/) Earnings [ ₹6.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 123.29x ]

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

Thus, for RAJAPALAYAM MILLS , the investors are currently willing to pay 123.29 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 RAJAPALAYAM MILLS !

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 RAJAPALAYAM MILLS over the last five years.

Historical PE (Price/Earnings) ratio chart of RAJAPALAYAM MILLS


PE Ratio Performance Analysis for RAJAPALAYAM MILLS

- RAJAPALAYAM MILLS 's latest p/e ratio is 123.29x.

- RAJAPALAYAM MILLS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.06x.

- RAJAPALAYAM MILLS 's operated at median p/e ratio of 5.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAJAPALAYAM MILLS 's p/e ratio peaked in Mar2023 at 6.31x.

- RAJAPALAYAM MILLS 's p/e ratio hit its five-year low in Mar2020 of 3.76x.


How does RAJAPALAYAM MILLS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAJAPALAYAM MILLS 6.90123.29850.7
TRIDENT LTD421.6246.6719,675.5
FILATEX INDIA LTD94.4327.252,573.5
NITIN SPINNERS LTD130.8814.851,943.5
NAHAR SPINNING MILLS LTD-40.92-24.801,014.9
SUTLEJ TEXTILES AND INDUSTRIES LTD-133.86-6.83914.8
AMBIKA COTTON MILLS LTD65.0213.66888.4
NAHAR INDUSTRIAL ENTERPRISES LTD3.43155.34532.5
SUPER SALES INDIA LTD27.0419.48526.7
PRECOT LTD-4.26-106.59454.5
MARAL OVERSEAS LTD-16.52-17.83294.5

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs RAJAPALAYAM MILLS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -106.59x
Max industry PE 155.34x
Median industry PE 14.85x
Average industry PE 22.23x



You may also like the below Video Courses