RAJNANDINI METAL
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The Current P/E Ratio of RAJNANDINI METAL is 17.06.
Share Price | ₹11.3 | Apr 30,2024 |
Market Cap | ₹312.4 Cr | |
Earnings-TTM | ₹18.3 Cr | TTM-Standalone Results |
Price/Earnings | 17.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAJNANDINI METAL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹312.4 Cr] as on Apr 30,2024
(/) Earnings [ ₹18.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 17.06x ]
Thus, for RAJNANDINI METAL , the investors are currently willing to pay 17.06 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 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 Ratio | Market Cap |
---|---|---|---|
RAJNANDINI METAL | 18.31 | 17.06 | 312.4 |
HINDUSTAN ZINC LTD | 7,759.00 | 23.25 | 180,358.0 |
HINDALCO INDUSTRIES LTD | 9,387.00 | 15.41 | 144,698.0 |
VEDANTA LTD | 7,534.00 | 19.63 | 147,908.0 |
HINDUSTAN COPPER LTD | 303.15 | 123.10 | 37,317.5 |
GRAVITA INDIA LTD | 242.28 | 27.84 | 6,746.0 |
SHIVALIK BIMETAL CONTROLS LTD | 78.13 | 42.34 | 3,307.9 |
BHARAT WIRE ROPES LTD | 96.34 | 21.31 | 2,052.8 |
RAM RATNA WIRES LTD | 50.83 | 30.01 | 1,525.3 |
NILE LTD | 33.63 | 12.53 | 421.5 |
SHERA ENERGY LTD | 12.46 | 36.66 | 456.8 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs RAJNANDINI METAL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.53x |
Max industry PE | 123.10x |
Median industry PE | 23.25x |
Average industry PE | 33.56x |
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