Home > PE Ratio > RAJNANDINI METAL

RAJNANDINI METAL
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAJNANDINI METAL is 16.38.

Share Price ₹10.9Apr 25,2024
Market Cap ₹300.0 Cr
Earnings-TTM₹18.3 CrTTM-Standalone Results
Price/Earnings16.38xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RAJNANDINI METAL
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of RAJNANDINI METAL

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 RAJNANDINI METAL is calculated as :

Current Market Cap [ ₹300.0 Cr] as on Apr 25,2024

(/) Earnings [ ₹18.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.38x ]

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

Thus, for RAJNANDINI METAL , the investors are currently willing to pay 16.38 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 RAJNANDINI METAL !

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 RAJNANDINI METAL over the last five years.

Historical PE (Price/Earnings) ratio chart of RAJNANDINI METAL


PE Ratio Performance Analysis for RAJNANDINI METAL

- RAJNANDINI METAL 's latest p/e ratio is 16.38x.

- RAJNANDINI METAL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.63x.

- RAJNANDINI METAL 's operated at median p/e ratio of 0.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAJNANDINI METAL 's p/e ratio peaked in Mar2023 at 22.64x.

- RAJNANDINI METAL 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does RAJNANDINI METAL 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAJNANDINI METAL 18.3116.38300.0
HINDUSTAN ZINC LTD7,759.0022.41173,893.0
HINDALCO INDUSTRIES LTD9,387.0015.48145,283.0
VEDANTA LTD7,534.0018.79141,551.0
HINDUSTAN COPPER LTD303.15121.4736,824.3
GRAVITA INDIA LTD236.8528.276,695.0
SHIVALIK BIMETAL CONTROLS LTD78.1342.593,327.5
BHARAT WIRE ROPES LTD90.5122.992,081.1
RAM RATNA WIRES LTD50.8328.681,457.5
NILE LTD33.6312.17409.3
SHERA ENERGY LTD12.4635.84446.7

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs RAJNANDINI METAL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.17x
Max industry PE 121.47x
Median industry PE 22.99x
Average industry PE 33.19x



You may also like the below Video Courses