RAJESH EXPORTS
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The Current P/E Ratio of RAJESH EXPORTS is 11.77.
| Share Price | ₹292.2 | Apr 18,2024 |
| Market Cap | ₹8,628.7 Cr | |
| Earnings-TTM | ₹733.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 11.77x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RAJESH EXPORTS
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)
Current Market Cap [ ₹8,628.7 Cr] as on Apr 18,2024
(/) Earnings [ ₹733.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.77x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for RAJESH EXPORTS , the investors are currently willing to pay 11.77 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 RAJESH EXPORTS !
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 RAJESH EXPORTS over the last five years.
Thus, for RAJESH EXPORTS , the investors are currently willing to pay 11.77 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 RAJESH EXPORTS !
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 RAJESH EXPORTS over the last five years.
Historical PE (Price/Earnings) ratio chart of RAJESH EXPORTS
PE Ratio Performance Analysis for RAJESH EXPORTS
- RAJESH EXPORTS 's latest p/e ratio is 11.77x.
- RAJESH EXPORTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.60x.
- RAJESH EXPORTS 's operated at median p/e ratio of 15.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJESH EXPORTS 's p/e ratio peaked in Mar2022 at 20.2x.
- RAJESH EXPORTS 's p/e ratio hit its five-year low in Mar2023 of 12.56x.
- RAJESH EXPORTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.60x.
- RAJESH EXPORTS 's operated at median p/e ratio of 15.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAJESH EXPORTS 's p/e ratio peaked in Mar2022 at 20.2x.
- RAJESH EXPORTS 's p/e ratio hit its five-year low in Mar2023 of 12.56x.
How does RAJESH EXPORTS '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 |
|---|---|---|---|
| RAJESH EXPORTS | 733.11 | 11.77 | 8,628.7 |
| TITAN COMPANY LTD | 3,460.00 | 90.48 | 313,069.0 |
| KALYAN JEWELLERS INDIA LTD | 528.59 | 78.38 | 41,428.7 |
| SENCO GOLD LTD | 252.29 | 29.65 | 7,481.4 |
| THANGAMAYIL JEWELLERY LTD | 126.03 | 29.03 | 3,658.3 |
| PC JEWELLER LTD | -810.14 | -3.16 | 2,556.0 |
| GOLDIAM INTERNATIONAL LTD | 89.36 | 20.50 | 1,832.1 |
| DP ABHUSHAN LTD | 50.15 | 46.58 | 2,336.1 |
| ASIAN STAR COMPANY LTD | 76.16 | 16.39 | 1,248.5 |
| RENAISSANCE GLOBAL LTD | 72.30 | 15.61 | 1,128.7 |
| RADHIKA JEWELTECH LTD | 43.42 | 17.81 | 773.1 |
Diamond & Jewellery Industry Benchmark (Top 10) PE Analysis vs RAJESH EXPORTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -3.16x |
| Max industry PE | 90.48x |
| Median industry PE | 20.50x |
| Average industry PE | 32.10x |
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