RAYMOND
|
The Current P/E Ratio of RAYMOND is 22.23.
Share Price | ₹2,011.3 | Apr 19,2024 |
Market Cap | ₹13,394.9 Cr | |
Earnings-TTM | ₹602.5 Cr | TTM-Consolidated Results |
Price/Earnings | 22.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RAYMOND
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,394.9 Cr] as on Apr 19,2024
(/) Earnings [ ₹602.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.23x ]
Thus, for RAYMOND , the investors are currently willing to pay 22.23 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 RAYMOND !
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 RAYMOND over the last five years.
Historical PE (Price/Earnings) ratio chart of RAYMOND
PE Ratio Performance Analysis for RAYMOND
- RAYMOND 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.84x.
- RAYMOND 's operated at median p/e ratio of 15.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAYMOND 's p/e ratio peaked in Mar2019 at 29.58x.
- RAYMOND 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does RAYMOND 's P/E Ratio benchmark against top 10 peers in Textile - Weaving Industry?
Peer Comparison (Textile - Weaving Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RAYMOND | 602.46 | 22.23 | 13,394.9 |
SIYARAM SILK MILLS LTD | 203.86 | 10.43 | 2,127.0 |
MANOMAY TEX INDIA LTD | 13.78 | 24.87 | 342.8 |
VTM LTD | 17.58 | 16.08 | 282.6 |
UNITED POLYFAB GUJARAT LTD | 7.70 | 28.06 | 216.2 |
DIGJAM LTD | -12.02 | -15.39 | 185.0 |
BSL LTD | 12.49 | 14.99 | 187.1 |
AI CHAMPDANY INDUSTRIES LTD | 22.31 | 7.31 | 163.0 |
JASCH INDUSTRIES LTD | 22.51 | 5.48 | 123.4 |
Textile - Weaving Industry Benchmark (Top 10) PE Analysis vs RAYMOND 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -15.39x |
Max industry PE | 28.06x |
Median industry PE | 14.99x |
Average industry PE | 12.67x |
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