Home > PE Ratio > RANE HOLDINGS

RANE HOLDINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of RANE HOLDINGS is 19.41.

Share Price ₹1,425.4May 08,2024
Market Cap ₹2,038.3 Cr
Earnings-TTM₹105.0 CrTTM-Consolidated Results
Price/Earnings19.41xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for RANE HOLDINGS
Please provide your vote to see the results
RANE HOLDINGS is part of below Screeners ↓
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of RANE HOLDINGS

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 RANE HOLDINGS is calculated as :

Current Market Cap [ ₹2,038.3 Cr] as on May 08,2024

(/) Earnings [ ₹105.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 19.41x ]

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

Thus, for RANE HOLDINGS , the investors are currently willing to pay 19.41 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 RANE HOLDINGS !

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 RANE HOLDINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of RANE HOLDINGS


PE Ratio Performance Analysis for RANE HOLDINGS

- RANE HOLDINGS 's latest p/e ratio is 19.41x.

- RANE HOLDINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.20x.

- RANE HOLDINGS 's operated at median p/e ratio of 16.45x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RANE HOLDINGS 's p/e ratio peaked in Mar2022 at 34.79x.

- RANE HOLDINGS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does RANE HOLDINGS 's P/E Ratio benchmark against top 10 peers in Finance - Investment Industry?

Peer Comparison (Finance - Investment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RANE HOLDINGS 105.0119.412,038.3
BAJAJ FINSERV LTD15,587.3016.40255,709.0
CHOLAMANDALAM FINANCIAL HOLDINGS LTD3,612.225.6720,467.7
CAPRI GLOBAL CAPITAL LTD261.7273.4119,212.8
AUTHUM INVESTMENT & INFRASTRUCTURE LTD4,685.402.8513,353.2
IIFL FINANCE LTD2,001.128.2616,521.3
KAMA HOLDINGS LTD1,481.835.498,136.6
JSW HOLDINGS LTD116.5962.387,272.4
RELIGARE ENTERPRISES LTD3,683.541.937,110.1
JM FINANCIAL LTD734.9510.577,767.1
SUNDARAM FINANCE HOLDINGS LTD36.45138.565,050.6

Finance - Investment Industry Benchmark (Top 10) PE Analysis vs RANE HOLDINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 1.93x
Max industry PE 138.56x
Median industry PE 10.57x
Average industry PE 31.36x



You may also like the below Video Courses