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RANA SUGARS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RANA SUGARS is 6.63.

Share Price ₹22.3Apr 18,2024
Market Cap ₹342.1 Cr
Earnings-TTM₹51.6 CrTTM-Standalone Results
Price/Earnings6.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RANA SUGARS

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 RANA SUGARS is calculated as :

Current Market Cap [ ₹342.1 Cr] as on Apr 18,2024

(/) Earnings [ ₹51.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 6.63x ]

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

Thus, for RANA SUGARS , the investors are currently willing to pay 6.63 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 RANA SUGARS !

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 RANA SUGARS over the last five years.

Historical PE (Price/Earnings) ratio chart of RANA SUGARS


PE Ratio Performance Analysis for RANA SUGARS

- RANA SUGARS 's latest p/e ratio is 6.63x.

- RANA SUGARS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.32x.

- RANA SUGARS 's operated at median p/e ratio of 0.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RANA SUGARS 's p/e ratio peaked in Mar2023 at 5.34x.

- RANA SUGARS 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does RANA SUGARS 's P/E Ratio benchmark against top 10 peers in Sugar Industry?

Peer Comparison (Sugar Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RANA SUGARS 51.636.63342.1
EID PARRY (INDIA) LTD1,655.786.4910,743.4
SHREE RENUKA SUGARS LTD-471.60-19.499,190.8
BALRAMPUR CHINI MILLS LTD562.0313.247,443.5
TRIVENI ENGINEERING & INDUSTRIES LTD424.7916.947,196.3
BAJAJ HINDUSTHAN SUGAR LTD-46.57-84.483,934.3
BANNARI AMMAN SUGARS LTD180.3917.813,212.9
DALMIA BHARAT SUGAR AND INDUSTRIES LTD303.629.652,930.4
PICCADILY AGRO INDUSTRIES LTD72.3258.934,261.8
DCM SHRIRAM INDUSTRIES LTD108.0615.361,659.4
DWARIKESH SUGAR INDUSTRIES LTD107.4412.611,354.6

Sugar Industry Benchmark (Top 10) PE Analysis vs RANA SUGARS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -84.48x
Max industry PE 58.93x
Median industry PE 12.61x
Average industry PE 4.88x



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